Lawyers Financial products and plans are sponsored by The Canadian Bar Insurance Association (CBIA). Lawyers Financial is a trademark of CBIA.
CAAT Pension Plan is a trademark of Colleges of Applied Arts and Technology Pension Plan. 03/2020
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Defined Benefit
Pension Plan
for Law Firms
The Bottom Line
DBplus will provide a guaranteed retirement income that is paid monthly for life. On average, a
member who participates over their entire career in DBplus is expected to receive approximately
$8 in pension benefits for each $1 they contribute. DBplus is expected to launch for the legal
community in mid 2020.
Most law firms have no pension arrangements at all. But that's about to change. Lawyers Financial
is partnering with CAAT, an $11-billion, not-for-profit trust, to launch DBplus, a defined benefit
pension plan for law firms of any size. DBplus eliminates the funding risk for employers and
creates a guaranteed retirement pension income for lawyers and staff. Everyone benefits.
For employers
• Attract and retain top talent.
• Reduced costs, risks and administration.
• Eliminates compliance and fiduciary risks
of administering a pension.
For employees
• Earnings are predictable.
• Reduced stress – no complex investment
decisions.
• Consolidate existing registered funds into DBplus.