{"id":18953,"date":"2020-07-13T15:15:15","date_gmt":"2020-07-13T19:15:15","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/saint-john-airport-staff-latest-to-join-caats-dbplus-147959"},"modified":"2020-07-13T15:15:15","modified_gmt":"2020-07-13T19:15:15","slug":"saint-john-airport-staff-latest-to-join-caats-dbplus","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/07\/13\/saint-john-airport-staff-latest-to-join-caats-dbplus\/","title":{"rendered":"Saint John Airport staff latest to join CAAT\u2019s DBplus"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"> <img decoding=\"async\" loading=\"lazy\" width=\"284\" height=\"190\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2016\/03\/Airport.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt title=\"Saint John Airport staff latest to join CAAT\u2019s DBplus\"> <\/div>\n<\/p><\/div>\n<p class=\"byline\"> <span>Staff<\/span>&nbsp;|&nbsp;July 13, 2020 <\/p>\n<p class=\"p2\">Firefighters, administrative and infrastructure maintenance personnel at the Saint John Airport are among the newest members to join the&nbsp;Colleges of Applied Arts and Technology&nbsp;pension plan\u2019s DBplus.<\/p>\n<p class=\"p2\">As part of&nbsp;a new collective agreement that was ratified earlier this year, the employees, who are represented by the Public Service Alliance of Canada, have joined DBplus on a go-forward basis, effective July 1, 2020. With the change, these&nbsp;employees&nbsp;move from a defined contribution into a defined benefit plan.<\/p>\n<p class=\"p2\"><strong>Read: <a href=\"https:\/\/www.benefitscanada.com\/news\/canadian-law-firms-to-join-caats-dbplus-pension-plan-142916\">Canadian law firms to join CAAT\u2019s DBPlus pension plan<\/a><\/strong><\/p>\n<p class=\"p2\">\u201cCAAT\u2019s DBplus pension offers our valued team members the certainty of a defined benefit plan, while offering us the stable contribution rates of a defined contribution plan,\u201d said&nbsp;Greg Hierlihy, director of finance and administration at the Saint John Airport Authority, in a press release. \u201cIt\u2019s a scenario that\u2019s the absolute best of both worlds: employees see optimal returns and employers enjoy predictable costs.\u201d<\/p>\n<p class=\"p2\">Since DBplus opened to all Canadian workplaces in 2019, more than 15,000 members from more than 30 employers have joined it.&nbsp;It also&nbsp;has members across Canada from nine different industries and 14 different labour unions.<\/p>\n<p class=\"p2\"><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/share-joining-caats-dbplus-pension-plan-127359\">SHARE joining CAAT\u2019s DBPlus pension plan<\/a><\/strong><\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/saint-john-airport-staff-latest-to-join-caats-dbplus-147959\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff&nbsp;|&nbsp;July 13, 2020 Firefighters, administrative and infrastructure maintenance personnel at the Saint John Airport are among the newest members to join the&nbsp;Colleges of Applied Arts and Technology&nbsp;pension plan\u2019s DBplus. As part of&nbsp;a new collective&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/18953"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=18953"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/18953\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=18953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=18953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=18953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}