This not-for-profit corporation was established when OCASA became a sponsor to the CAAT Pension Plan in 2000, giving administrators an official vehicle for representation and appointment to the Board. The corporation members meet annually, usually in conjunction with the OCASA Annual General Meeting. Appointments to the CAAT Pension Plan committees are confirmed at these meetings, along with the presentation of their reports. The Board of Directors is the same Board that oversees OCASA.
OCASA also has representatives on the CAAT Pension Plan Board of Trustees, Sponsor’s Committee, ACC Insured Benefits Sub-Committee, and the Retirees Group Insurance Advisory Committee.
CAAT Pension Plan Board of Trustees
The Board of Trustees is a 12-member board. As fiduciaries, Trustees are legally bound to act in the interests of all Plan members. The Board of Trustees sets the investment strategy and funding risk that are appropriate for the Plan’s long-term obligations and establishes policies for administering benefits.
OCASA’s representative is Kim Watkins.
Kim Watkins is an Employee-appointed Trustee. She serves on the Investment Committee. She is the Chief Financial Officer of Mohawk College and serves as Treasurer for the Mohawk College Foundation. Ms. Watkins has an MBA from Laurentian University. She is a Chartered Professional Accountant and Certified General Accountant. She also holds a Certified Risk Management designation.
For more information about the Board https://www.caatpension.on.ca/en/about-us/governance#Board
CAAT Pension Plan Sponsor’s Committee
The Sponsors’ Committee is an 8-member group, which approves Plan amendments and files actuarial valuations. Sponsors’ Committee members primarily represent the interests of the groups that appoint them. The Committee’s focus is determining how to best balance contribution rates and benefit design.
OCASA’s representative is Riley Burton.
Kim Watkins is an Employee-appointed Trustee. She serves on the Investment Committee. She is the Chief Financial Officer of Mohawk College and serves as Treasurer for the Mohawk College Foundation. Ms. Watkins has an MBA from Laurentian University. She is a Chartered Professional Accountant and Certified General Accountant. She also holds a Certified Risk Management designation.
For more information about the Board https://www.caatpension.on.ca/en/about-us/governance#Board
ACC Insured Benefits Sub-Committee
OCASA’s representatives are:
Preeti Sharma is the Operations & Student Retention Manager at Centennial College with strong educational leadership experience in areas of enrolment planning, student retention management, risk management, strategic and financial planning. She also leads the School of Communications, Media, Arts and Design data management and data-analysis, through structured and accessible internal-systems to support data-informed decisions. As an educator, her strengths also include teaching, curriculum development, applied and academic research. Preeti considers herself an advocate in the provision of student services and educational resources to promote systemic access and reduction of barriers for current and prospective students.
She has a M.Ed. from OISE, University of Toronto and M.Sc. (Applied Mathematics) from Ryerson University. She has published in peer-reviewed journals and presented at various conferences.
For more information about this committee: https://thecouncil.on.ca/articles/145
CAAT Retirees Group Insurance Advisory Committee
OCASA’s representatives are:
Susan retired in 2012 as the Director of The Glenn Crombie Centre for Counselling and Disability Services at Cambrian College. She was the Director since developing the service in 1996. Before that, she was the first Coordinator of Disability Services at Cambrian, starting in 1986. Part of the College Committee on Disability Services, she had been instrumental in the development of disability services in the Ontario college system. Susan’s background is in education, including elementary, secondary and post secondary. Currently retired and living in Chelmsford, she continues to teach on-line courses on disability issues and other subjects for Cambrian and is also a part time instructor for courses in special education for Nipissing University, Faculty of Education.
An author of a children’s book, The Turtle Connection, Susan has also contributed to other educational publications as a researcher and poet.
For more information about this committee: https://thecouncil.on.ca/articles/139
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CAAT Pension Plan
OCASA is one of three sponsors on the CAAT Pension Plan. These groups launched the Plan as a separate entity in 1995.
Plan Sponsors
- College Employer Council (acting on behalf of the Boards of Governors of the colleges)
- OCASA
- OPSEU
For complete information about the CAAT Pension Plan, including governance, investments, planning for retirement, and publications, visit the CAAT Pension Plan website.