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Pension Plan Info - Mickey Contini, Pension Rep.
• Liaison Report
• OTF Pension Forum
• OTPP Annual Meeting
The following are some of the highlights outlined at the AGM.
• Fund earned a 14.3% rate of return
• Net assets rose to $107.5 billion in 2010
• Despite strong investment returns, the preliminary evaluation
of the plan has a $17.2 billion funding shortfall
• A valuation report must be filed no later than 2012 resolving
the shortfall. A filing could occur in 2011.
• Caregiving and Ageing Successfully Projects
• Retirement Pension Workshops
• Fact Sheets
• Pension Reform
In 2010 the average age of new
retirees in 2010 was 59 and the
length of a typical retirement is
30 years.
The plan has 95 members age 100
or older.
All retirees will receive a summary
of the OTPP annual report.
The full report is available at: www.otpp.com.
You can also view the activities of the annual meeting, including
questions and answers.