End-of-year message
As we near the end of 2024, we want to be sure that key Plan information stays fresh in your mind – so you can make the most of your benefits, whenever you may need them.
CAEAS-ECAB
Past and Present
This past year marked the start of an exciting new phase for ONE-T. Emerging from a period of building and stabilizing, we are now looking ahead with a clear focus on optimizing the Trust for members now and into the future.
Communication, engaging with stakeholders, and benchmarking our costs and plan design are essential for the Trust. As such, these were key priorities for us in 2021-2022. Now with the groundwork laid, we are excited to be in a position to move forward on potential improvements.
Over the past couple of years, ONE-T has been actively seeking ways to improve the member experience. Now, the journey to realize these improvements has begun.
Making it easy to find the information you need
The ONE-T Board rigorously monitors the Plans’ financial situations, maintains the highest professional standards in all of its fiduciary responsibilities, and follows prudent plan management, governance and funding policies. Trustees will continue making sustainability a key priority.
The December 31, 2021 actuarial valuation continued the trend of a positive forecast of the Plan’s financial position over the next three years. This strong financial position allowed room for the Plan improvements implemented in 2022.
As we near the end of 2024, we want to be sure that key Plan information stays fresh in your mind – so you can make the most of your benefits, whenever you may need them.
A recording of the plan updates webinar hosted in late October.
Effective September 1, 2024, there will be several Plan enhancements for CAEAS-ECAB Members.
© 2024 Ontario Non-union Education Trust