Humber College
PAE-T2-6: Socially Responsible Retirement Plan

Colleges of Applied Arts and Technology (CAAT) Pension Plan: The CAAT Pension Plan pension follows a Defined Benefit model – the pension formula is defined up front, and all pensions are calculated the same way. Throughout membership, regular contributions to the Plan are matched dollar for dollar by the employer. Over time, as an individual’s years of service in the Plan and income increase, their pension will grow. With Canadians living longer and other shifts in demographics, it’s important to have retirement income employees can count on. When employees begin collecting their pension – as early as age 50 in some cases – they will receive it for life. They cannot outlive their benefit – it will be a predictable, secure payment that will form the cornerstone of a comfortable retirement Responsible Investing Policy Principles “The primary goal of CAAT’s responsible investing activities is to assist in maximizing the Fund’s risk adjusted returns. CAAT believes that, over the long term, companies that have sound corporate governance structures and practices will outperform those that do not. CAAT believes that managing the risk to long-term shareholder return includes the awareness and management of the environmental and social impacts of a corporation’s business activities. Inattention to these impacts can result in, among other things, reputational harm that in turn can lead to financial underperformance. CAAT supports and encourages fair wages, benefits and working conditions for workers employed by our assets. In particular, we point to the ILO Principles addressing the right to form and join trade unions and bargain collectively and freedom for workers’ representatives from discrimination and their right to access all workplaces necessary to enable them to carry out their representation functions. CAAT recognizes the important role and contribution of public employees – and a public sector with sufficient capacity and resources – in ensuring the long-term prosperity of our society and economy. www.caatpension.on.ca/en/investments/investment-policies/responsible-investing-policy