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The plan provides a lifetime pension to Ontario’s active and retired teachers, and their survivors. It also provides benefits if members die, become disabled or permanently leave teaching before retirement.
The official site of the Ontario Teachers' Pension Plan. Find out what we're doing, who we are, and how to contact us.
Ontario Teachers’ is a defined benefit pension plan. This means your pension is defined by a formula that takes into account your average salary and credit. You automatically become a member of Ontario Teachers’ and begin to build credit when your employer deducts pension contributions from your pay.
Obtain information on the nuts and bolts of the Ontario Teachers’ Pension Plan. CONTRIBUTIONS. Retrieve essential information on pension contributions. FUNDING ARCHIVE. Get historical funding information: Valuation decisions, member funding announcements, and past discount rate reviews.
What kind of a pension plan is the Ontario Teachers’ Pension Plan (OTPP)? The OTPP is a defined benefit pension plan. This means that your pension is based on a formula: 2% X your years of service X your best five years’ average salary.
Ontario Teachers’ Pension Plan. Learn about the OTPP including investments and management of the plan. The secure member section of the website gives you instant access to your pension information, anytime, anywhere.
To get an overview of your pension, you should visit the Ontario Teachers’ Pension Plan (OTPP) web site. In order to understand the various terms related to your pension, visit the OTPP Glossary. As well, you should speak with a pension specialist at the OTPP regarding the specifics of your pension.
