The Trustees of the N.D.T. Industry Pension Plan are committed to using all of their individual and combined skills to achieve the best rate of return, within acceptable risk tolerances, according to the Plan’s established investment policy in a reasonable, cost effective manner, while meeting the requirements of all governing legislation. The Trustees shall act in a transparent manner in the best interests of and reporting to all beneficiaries.
Collective Agreements between the Quality Control Council of Canada (QCCC) and signatory Nondestructive Testing Companies whose bargaining agent is the N.D.T. Management Association (NDTMA) specify that an hourly contribution must be paid to the NDT Industry Pension Plan. The Plan is administered by a Board of 8 Trustees, 4 of whom are appointed by the QCCC and 4 of whom are appointed by the NDTMA. The day-to-day administration of the Plan is carried out by the Plan Administrator, D.A. Townley.
Each person who is working under the terms of the Collective Agreement between the QCCC and the NDTMA shall automatically participate in the Plan. An enrolment card must be completed by each Plan Member and submitted to the PLAN ADMINISTRATOR.
Please refer to the PENSION PLAN BOOKLET for more details as to how to apply for your pension, when you can apply for your pension, as well as your retirement options.