Who owns Teachers Pension Plan?
Ontario Teachers
Ontario Teachers’ owns and manages a diversified portfolio of Canadian and international assets.
What companies does the Ontario Teachers Pension Plan Own?
All data as at December 31, 2020….Corporate shares/units over $200 million.
| Security Name | Shares (millions) | Fair Value ($ millions) |
|---|---|---|
| The Consumer Staples Select Sector SPDR® Fund | 4.7 | 404.6 |
| Taiwan Semiconductor Manufacturing Company Limited | 14.9 | 359.4 |
| Capital One Financial Corp. | 2.7 | 346.0 |
| The Macerich Company | 24.6 | 333.9 |
How much is the Ontario Teachers Pension Plan worth?
TORONTO – Ontario Teachers’ Pension Plan Board (Ontario Teachers’) today announced its net assets totaled $227.7 billion as at June 30, 2021.
Where is the Canada Pension Plan invested?
We are invested globally across public equities, private equities, bonds, private debt, real estate, infrastructure and other areas.
Does the government pay into teachers pension?
Your teachers’ pension is for only you and your loved ones. It doesn’t belong to your employer and it doesn’t belong to the government. It will stay with you throughout your teaching profession.
Where does a teachers pension come from?
California’s pension system for teachers is separate from Social Security. Teachers and school districts both pay into California’s pension system for teachers.
Why do you want to work at Ontario Teachers Pension Plan?
Really great place to work and grow your career OTPP is a fantastic place to work especially if you’re looking for a long-term job with great security and benefits. They treat their employees extremely well and you’ll always have the support of your team at all points in your career.
How many days can a retired teacher work in Ontario?
50 days
You can work directly or indirectly for a participating employer for 50 days in each school year you work following retirement without interrupting your pension.
What percentage of salary do teachers pay to pension?
Whilst the normal rate of accrual or growth in your pension is based on 1/57th of your earnings for that year, you can choose to pay a higher contribution rate of either 1/45th, 1/50th or 1/55th.
How much money is in the Canada pension Plan fund?
The base CPP account ended the fiscal year on March 31, 2021, with net assets of $490. 9 billion, compared to $407.3 billion at the end of fiscal 2020. The $83. 6 billion increase in net assets consisted of $83.5 billion in net income after all costs and $0.1 billion in net base CPP contributions.