ontario teachers pension plan sedar
In addition to retirement pensions, Ontario Teachers' provides benefits if members die, become disabled or permanently leave teaching before retirement.
With $207.4 billion in net assets as of December 31, 2019, the Ontario Teachers' Pension Plan is the largest single-profession pension plan in Canada. We are an independent organization that pays defined benefit pensions and invests plan assets on behalf of 329,000 active and retired members. It gives you instant access to your personal pension records, any time, anywhere. Board oversight responsibilities are defined in the Mandate of the Ontario Teachers' Pension Plan Board. At January 1, 2020, the plan had a preliminary surplus of $6.1 billion based on an average contribution rate of 11% and 100% inflation protection being provided on all pensions.Whether you're an expert in investments, IT, finance or member services, there's a place for you to work with the best at Ontario Teachers'. Find out why we have an international reputation for strong investment performance and outstanding member services. Ontario Teachers' is Canada's largest single-profession pension plan with $207.4Â billion in net assets. Detailed information on the Board's responsibilities, plan governance and controls, enterprise risk management, executive compensation, transparent reporting and audit integrity is available in the Plan Governance section of our annual report . We work to identify and evaluate material risks and opportunities to make better decisions and to be engaged asset owners. Our employees pioneered many of the investment practices and service standards that are now common in the pension world.
Ontario Teachers' is Canada's largest single-profession pension plan with $207.4 billion in net assets.
We administer a defined benefit pension plan. To get the information we need to pay benefits, we rely on approximately 170 school boards, private schools and other organizations that employ our members throughout Ontario. We pay pensions and invest plan assets on behalf of 329,000 working and retired teachers. We employ roughly 1,200 employees at our head office in Toronto, Canada and investment offices in Our teams are always searching for new investment opportunities, offering flexible capital and other advantages to potential business partners.
From the use of derivatives to interactive pension statements, we're proud of our accomplishments and many firsts. It pays lifetime pensions to eligible members and their survivors. An independent organization, it invests the pension fund's assets and administers the pensions of 329,000 active and retired teachers in Ontario.
Zvan, who will be responsible for getting the University Pension Plan Ontario running by next July along with a board of trustees, is a 25-year veteran of the $200 billion Ontario Teachers’ Pension Plan, where she was most recently chief risk and strategy officer.
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