Canadian Energy and Related Industries Pension Plan (CERi) was founded by SPEA in October of 2014 as a registered Defined Contribution (DC) plan with the goal of transitioning to a Targeted Benefit (TB) plan. All SPEA representative employees of Candu Energy are members. CERi became a multi-employer DC plan in January 2017 under federal jurisdiction after expanding the membership of the plan to included employees represented by the major unions who work at Canadian Nuclear Laboratories. The board of trustees, with two representatives from SPEA, are mandated to transition the current DC plan to a TB plan by mid-2018.
Refer to the CERi pension plan website for more information (such as investment details, etc…).