Centennial College Retirees Association (CCRA)


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CCRA 2019 EVENTS -- SAVE THESE DATES!!!!!

Hello CCRA Members!

The dates for the CCRA’s 2019 social events have been confirmed. Please mark these dates in your calendar and plan to attend.

   All events will take place at Centennial College’s Event Centre, located at the Progress Campus.

Here are the dates: 
   
    Annual General Meeting:  Wednesday, October 9

    Christmas Luncheon:        Wednesday, December 4


We look forward to seeing you at these events. 

Spring Luncheon 2019 - A Great Success

The Spring Luncheon for 2019 was a success!   Everyone enjoyed  their time mingling with their former colleagues and recounting their memories.   Enjoyed the Magic Show....


See the Photo Galley for the latest photos of the Event.

2019 Membership dues are being collected.

Hi Everyone:

It is that time again. Your membership dues for 2019 are being collected. Below is the information to help you pay your membership dues.


If you have already renewed your membership for 2019 already.  

Thank you for your continued support of CCRA.

There are three ways to renew:
Membership fees are due the end of each year for the following year.  If you have not yet renewed, please do so now and receive the member’s rate for all the luncheons and special events.

There are three ways to pay:   1)  by cheque    or   2)  PayPal and/or credit card via PayPal or  3)  Interac e-Transfer.  See below for more information on payment methods.

PAYMENT METHODS:

1)        BY CHEQUE
You can pay $10.00 by cheque with the mail-in form. Your cheque and ‘mail-in’ renewal form should go to::
      Centennial College Retirees’ Association 
      PO Box 631, Stn. A
      Toronto, ON
      M1K 5E9
    or

    2)       BY PAYPAL and/or CREDIT CARD via PAYPAL 
    The online form has a PayPal checkout button which takes you to the PayPal payment page to enter your payment information.  You do not need a PayPal account to use this service.  The charge will appear on your credit card statement as payment to PAYPAL *CCRA. You will receive a confirmation email of your payment.

    or

    3)       INTERAC e-TRANSFER 
    Upon clicking  "SUBMIT - Interac e-Transfer" in the Interac e-Transfer forms,  your information will be sent to the Membership Co-ordinator notifying that you are paying via Interac e-Transfer. You will need to go to your online bank account and process your payment of $10.00 via Interac e-Transfer. Follow your online bank account instructions, email recipient is CCRA.Treasurer@gmail.com. (Mobile not required.) Put your "First and Last Name" in the “e-Transfer” message box. You will be required to input a security question and answer that will need to be sent to the Treasurer (CCRA.Treasurer@gmail.com) under a separate email.

    Your payment gets you a membership to both the Centennial College Retirees' Association (CCRA) and the Ontario Colleges Retirees' Association (OCRA) membership.  

    CHANGES in your CONTACT INFORMATION
    If you have registered and paid your membership fee but you need to update your contact information because you have moved, changed your email address etc you can provide this information online (click here).  
    If you prefer to mail the information, print this form and mail it to:
      Centennial College Retirees’ Association 
      PO Box 631, Stn. A
      Toronto, ON
      M1K 5E9

    Chuck Baker - CCRA Membership Coordinator

    CAAT Pension Plan funded status grows to 120%

    CAAT Pension Plan funded status grows to 120% with benefit security reserves of $2.6 billion

    The CAAT Pension Plan stands 120% funded on a going-concern basis, with a funding reserve of $2.6 billion, based on its latest actuarial valuation as at January 1, 2019. This is an improvement over last year’s valuation that showed the Plan 118% funded with a funding reserve of $2.3 billion.

    Based on the Plan’s Funding Policy, the Plan governors determined that allocating additional reserves to further strengthen benefit security is the most prudent option at this time. Funding reserves maintain the Plan’s resilience and cushion the Plan against future economic or demographic shocks.

    The valuation will be filed with the regulator in the coming weeks and posted to the Plan’s website. By opting to file this valuation, the Plan will not be required to file again before 2022.

    Each funding valuation includes a review of the economic and demographic assumptions used, to ensure they continue to be realistic and appropriate for the Plan’s risk tolerance. As part of this review, the Plan’s discount rate has been lowered to 5.5% from 5.6%. The discount rate reflects the asset mix, expected long-term market returns on the investment portfolio, and the Plan’s risk tolerance.

    The valuation assumes that members retiring today can expect to live on average to age 89.
    The CAAT Plan’s 2018 investment results will be released with its annual report in late April.


    Read the announcement on our website.