2018 Annual Report. 2019 Annual Report (PDF) 2018 Annual Report (PDF) 2017 Annual Report (PDF) 2016 Annual Report (PDF) 2015 Annual Report (PDF) … OTPP has the advantage of being a relatively new organisation, at least compared with some pension funds globally, such as the largest fund in the US, California Public Employees’ Retirement System (CalPERS), which is more than 85 years old. Uncategorized / 2018 Annual Report. On September 26, 2018,[10] Ontario Teachers' joined finance, health and government leaders in signing the Tobacco-Free Finance Pledge (of the NGO Tobacco-Free Portfolios), which commits the pension plan to no longer invest in tobacco companies. Of CEO Mock’s total compensation of C$4,087,974 in 2016, for example, the largest component was the long-term incentive payment of C$2,208,000. Below, highlights from OTPP's 2019 annual results. It has an excellent track record for investment performance, with an average annual return of 9.7% since inception. Download the PDF > FUNDED STATUS. With the OMERS defined benefit pension plan you can confidently retire knowing that you will have income for life. In 2020, as the world and global economies changed so dramatically, we were on our toes to innovate our media and event offerings in a bid to give you what you needed to navigate a changing world. Paying good people good money is, and should be, a key part of an organisation that has 80 per cent of its assets managed in-house. 2019 . The Healthcare of Ontario Pension Plan (HOOPP) has posted its 2013 Annual Report, Fully Committed, on hoopp.com, detailing a strong year in which the fully funded plan had returns of 8.55 per cent. The most important attachment is OTPP's 2018 Annual Report but I also enjoyed reading the 2018 Responsible Investing Report. Annual Reports. We Report to You Our Funded Status Report provides detailed information on OPTrust’s strategy and results in the areas of pension funding, member experience, investment management and plan administration and together with information on the Board of Trustees, Plan governance and our audited financial statements. Annual reports archive. See our annual reports, responsible investing reports and other publications. Consistent with the fact the vast majority of assets are managed in-house, salaries dominate investment expenses. Archival copies of HOOPP's past annual reports (in PDF format) are available for the following years: 2018 Annual Report. OMERS pension income provides peace of mind. Access portfolio reporting and more from PSP Investments. Black Swan has become a cliché for any bad thing that surprises us. At Ontario Teachers’, we never stop learning. The Ontario Teachers' Pension Plan Board (French: Régime de retraite des enseignantes et des enseignants de l'Ontario) is an independent organization responsible for administering defined-benefit pensions for school teachers of the Canadian province of Ontario.Ontario Teachers' also invests the plan's pension fund, and it is one of the world’s largest institutional investors. Past Annual Reports downloads - 2019 annual report, 2018 annual report, 2016 annual report, 2015 annual report, report to members, report to employers, Find out more about where we’re investing and how we’re anticipating tomorrow’s challenges today. The plan is a multi-employer pension plan, jointly sponsored by the Government of Ontario and the Ontario Teachers' Federation. Annual Reports OTP Bank's Annual Reports shall be available for downloading as Adobe Acrobat files. This list of organizations invested in by Ontario Teachers' Pension Plan provides data on their funding history, investment activities, and acquisition trends. Annual Report of the Canada Pension Plan 2017 to 2018. Chris Glynn - 4 April 2013. The Ontario Teachers' Pension Plan Board (French: Régime de retraite des enseignantes et des enseignants de l'Ontario)[5] is an independent organization responsible for administering defined-benefit pensions for school teachers of the Canadian province of Ontario. Read our comprehensive overview of HOOPP's 2018 Annual Results. In total, that’s C$323.2 million ($247.5 million) in … If you do not have Adobe Acrobat Reader, download it here for free from Adobe. Ontario Teachers' is headquartered in Toronto, with operations in London, Hong Kong and an office in New York. Consistent with the fact the vast majority of assets are managed in-house, salaries dominate investment expenses. I obviously cannot cover the entire report here but will highlight some key sections. [7] The Chair of the Board is Steve McGirr.[8]. Annual Reports. Each year, we report to our members, pensioners and other stakeholders on the progress we've made and our strategies for keeping the PSPP strong for the future. Read our comprehensive overview of HOOPP's 2017 Annual Results. The best-performing state plan returned 7.1 per cent over that decade. Focusing on investment strategy and implementation, it is populated by original news stories, case studies and research that relate directly to the work of investment professionals at pension funds, endowments and sovereign wealth funds. Since it was formed in 1990, OTPP has maintained many of the elements that are now known as the “Canadian model”, which have been identified as tenets of good organisational design and investment practice. So it explicitly makes its salaries competitive with those organisations. 8.4% infra return for OTPP. 2017 10 Together View Online. OTPP is 105 per cent funded and has C$180 billion ($138 billion) in assets. Take the time to read OTPP's 2018 Annual Report, it's truly excellent and packed with great information. Top1000funds.com. 17.1%. Since inception, it has posted an annualised return of 10.1 per cent. After all, it’s what goes back to the members that matters. Access portfolio reporting and more from PSP Investments. BCI’s 2019 ESG Annual Report provides an in-depth look at our approach to environmental, social, and governance (ESG) matters, our activities, and our progress. Uncategorized / 2018 Annual Report. OTPP celebrates Pride Week, Global Day of Inclusion, and other events. Funded status. Benefit security. Ontario Teachers' also invests the plan's pension fund, and it is one of the world’s largest institutional investors. Now, take the time to carefully read the full 2017 Annual Report which is available here. During this Annual Meeting, Governors will hear from Steve McGirr (OTPP Chair) and Jo Taylor (President & CEO) on how the Plan is faring so far during the pandemic. Recent Publications. (Note: the 2017 OTPP annual report will come out in April). Annual Reporting. You can also read OTPP's mid-year 2017 report here. billion. OTPP key data Assets: C$201bn (€137bn) 80% managed in house 104% funded as of January 2019 Jo Taylor to succeed Ron Mock as CEO from January 2020 Five-year annual return of 8% to end-2018 Annual total fund net return since 1990 of 9.7% 2.5% return in 2018 (6.3% 1H 2019)

In 2017, total investment expenses for CalPERS were $871.3 million. Annual Reports. 8 salaries. The plan administers the pensions for some 184,000 teachers, principals and school administrators, and it pays pensions to some 145,000 retirees. Ontario Teachers' also owns Camelot Group PLC, which holds an exclusive licence to operate the U.K. National Lottery. Teachers’ Beyond is a new site where you can find stories that make us distinctive, ranging from the investments that are shaping the future to the people who are guiding our success. Net assets. The 2018 Year in Review provides highlights from HOOPP's operations and financial results. 2014 Invested In People View Online. The fund argues that its people are its edge and that only through hiring and remunerating good investment professionals has it been able to implement the ideology that has made it so successful – innovation, low cost and good, consistent returns. News Release 1st quarter fiscal 2021 2nd quarter fiscal 2021. 2018 Annual Report. To put this in perspective, CalPERS spent only $69 million on investment salaries in 2017, about 20 per cent what OTPP paid. Whether we’re investing, providing service, or advocating for retirement security, our commitment to our members comes first. On page 2, OTPP's Chair, Jean Turmel, notes the following in his report: In 2017, the board implemented changes to the risk governance structure and investment strategy. This has produced stellar investment returns, reduced costs and sustained good performance. In 2016, the average starting pension for an OTPP member was C$45,000, this is a significant improvement from when the fund started, in 1990, when the average starting pension for a teacher in Ontario was C$29,000. The Plan is currently more than fully funded, meaning it has more assets than it owes in current and future pension benefits. 2017 Year … Ontario Teachers' Pension Plan invests and administers the pensions of active and retired teachers in Ontario. It employs 1100 people in its offices in Toronto, London and Hong Kong, and another 1500 in its real-estate subsidiary, Cadillac Fairview. I want to begin by thanking him for taking some time to speak to me on short notice and also thank Dan Madge for setting this call up. Part of the series: Accounting Tips. A receptionist in the Ontario Teachers' offices had become suspicious and notified Toronto police, who promptly arrested him. The Government and the teacher Partners are currently engaged in discussion with the Plan regarding the possibility of filing the January 1, 2011 valuation. 2017 Annual Report . Fiscal 2021. We Learn. teachers) with the investments the plan had made, including shopping malls and the tobacco industry. Please login via linkedin to post a commentLogin via LinkedIn. The report highlights the OTPP’s leadership role in the area of responsible investing, and outlines the principles and the framework that guides Plan decision-making in this complicated arena. Each employee’s incentive pay is designed around the risk budget and the board approves the active risk allocations, which in turn establish expected annual dollar value-added performance goals each year. Assets of the plan had been invested in government bonds only. As a result, pension payments increased by 1.87%, effective April 1. In 2016, the chair of OTPP, Jean Turmel, received C$170,000 in compensation. The CAAT Plan’s latest Annual Report, released April 23, 2019, details the Plan’s strong 2019 investment performance and its focus on benefit security and sustainability. $94.1. OTPP paid a further C$33.1 million in compensation to key personnel, including the chief executive, chief investment officer and critical investment staff. Every day, our members inspire us to strive for excellence as we deliver on the pension promise. Ontario Teachers' owns a substantial portfolio of infrastructure assets, including 100% of Bristol Airport and minority stakes in Birmingham Airport, Copenhagen Airport, Brussels Airport and London City Airport, as well as international water and power utilities. The 2018 Year in Review provides highlights from HOOPP's operations and financial results. The details on their annual meeting - including how to submit a question in advance - can be found on their website at 2016 AIMCo View Online. Read the annual report of 2019 Responsible disclosure Since 1990, 78 per cent of the pension funding has come from investments, 12 per cent from government and employer contributions, and 10 per cent from member contributions. Each year, a small percentage of the year’s total net value added forms an LTIP pool, which is allocated to individuals’ notional accounts. The fund’s LTIP is designed to reward employees for delivering total fund net value-added and positive actual returns, net of costs over the long term. We pivoted to a digital event offering, introduced podcast series and created a COVID-19 research hub. Our most recent Corporate Annual Report provides our investment highlights for 2019-20. So, similar to how investment management firms align staff with their investment decisions, employees of OTPP can allocate their own pay to the fund. But the model’s success can also be expressed in another measure of value. Here to lead. Please don’t hesitate to contact us if you would like to discuss our fundraising practices in more detail: info@ontarioturtle.ca or 705-741-5000. The OTPP website says the meeting offers the opportunity to members to 'ask the chair or executives a question'. Annual Report (PDF) Responsible Investing Report (PDF) Invested site; Major Investments; 2019 Annual Results Highlight Video; Follow OTPP on Facebook, Twitter and LinkedIn There are other design rules, too, like an upper limit on annual payments and clawback provisions for wrongdoing. HOOPP, with a record $51.6 billion in net assets, ended 2013 … This annual report is very well written, one of the best I've read in years. Salaries are made up of a base, an annual incentive plan (AIP), a deferred incentive plan and a long-term incentive plan (LTIP). Its investment strategy is built on innovation and a bedrock of strict risk management, with a large allocation to private assets managed directly (65 per cent of the portfolio is in natural resources, real estate, infrastructure and private capital). All the Right Elements – 2018 Annual Results 1,897 views 1 year ago 2018 was a solid year for Ontario Teachers’, despite challenges in the global economy. The money you set aside from every paycheque is matched by your employer, and we carefully invest it in high-quality assets, diversified around the world, to meet the pension promise of a secure retirement. Annual Reports. A Q&A with Ziad Hindo, CIO. Asset owners from 23 countries are reacting differently to inflation expectations, with almost half already hedging their portfolios but 20 per cent consider inflation is unlikely. In 2016, salaries to staff made up 64 per cent of investment expenses at OTPP – C$290.1 million of a total expense of C$451.2 million, its annual report states. Those questions need to be submitted by Wednesday April 6 at 5 pm. Learn more about how we’re working to provide you with financial and retirement planning tools so you can make informed decisions about your retirement. COVID-19 Safety Plan. Performance snapshot. English reports. Our priority is to invest for a better future for Ontario’s teachers. Investment strategies for the world's largest institutional investors. HOOPP’s Annual Report provides full details of our financial results. Over the last 10 years, OTPP has returned 7.3 per cent against a benchmark of 6.3 per cent. Node: corpappprd4.otpp.com About Ontario Teachers' With $204.7 billion in net assets as of June 30, 2020, the Ontario Teachers' Pension Plan is the largest single-profession pension plan in Canada. They also note that they 'invite plan members to ask a question in advance'. For the sculptor, see, Learn how and when to remove this template message, "Executives - Ontario Teachers' Pension Plan", "benefitscanada.com: Ontario Teachers' appoints new chair for 2019", "Performance - Ontario Teachers' Pension Plan", "Annual Reporting - Ontario Teachers' Pension Plan", "New Chair for the Ontario Teachers' Pension Plan", "UK private equity giant 3i sells stake in Barcelona-based funeral services company Memora", "Global leaders launch Tobacco-Free Finance Pledge", "AP source: Yankees buy back YES control with Amazon help", "Rick Mercer Report: Ontario Teachers Pension Plan", "Lawyer's Arrest in Canada Has His Firm in Chaos", https://en.wikipedia.org/w/index.php?title=Ontario_Teachers%27_Pension_Plan&oldid=988522132, Financial services companies established in 1989, Articles lacking reliable references from July 2017, Creative Commons Attribution-ShareAlike License, This page was last edited on 13 November 2020, at 18:11. Many other funds have grown up with more complexity, legacy issues – and in some areas naivety around these tenets – than the slick operations of OTPP. Read our comprehensive overview of HOOPP's 2018 Annual Results. HOOPP Annual Report, Fully Committed, details another strong year for fully funded plan The Healthcare of Ontario Pension Plan (HOOPP) has posted its 2013 Annual Report , Fully Committed, on hoopp.com, detailing a strong year in which the fully funded plan had returns of 8.55 per cent. Please don’t hesitate to contact us if you would like to discuss our fundraising practices in more detail: info@ontarioturtle.ca or 705-741-5000. 2017 Annual Report. However, the report did highlight significant investments in fossil fuels, including: 2019 Annual Report. One day an employee will complain about the new boss having the upper hand in salary negotiations because the old boss handed over their salary details. Ontario Teachers' provides its annual update on investments, funding and plan operations every spring for the previous year ended December 31, and its mid-year update every summer for the six-month period ending June 30. 2018 Annual Report. 2012 Aim True View Online. "We Lead. The Public Sector Pension Plans Act requires the Board of Directors to prepare and submit a corporate annual report and financial statements to the Minister of Finance. PFZW publishes an annual report every year. News Release Through its private equity investment arm, Private Capital, Ontario Teachers' owns or has had interests in companies such as Munchkin, Plano and Shearer's Foods. OTPP key data Assets: C$201bn (€137bn) 80% managed in house 104% funded as of January 2019 Jo Taylor to succeed Ron Mock as CEO from January 2020 Five-year annual return of 8% to end-2018 Annual total fund net return since 1990 of 9.7% 2.5% return in 2018 (6.3% 1H 2019) But the onset of COVID-19 was not a Black Swan according to the academic who invented the term and laments its misuse. (Note: the 2017 OTPP annual report will come out in April). In this overview you can read how PFZW performed, what the financial situation was and a lot of other insights about the company in 2019. But the point remains; on every measure, OTPP outflanks CalPERS, despite its exorbitant staff compensation bill. © 2020 Conexus Financial. Dreier was attempting to close a sale of forged Ontario Teachers' promissory notes, worth $44.7 million USD, by meeting with the buyers right in the Ontario Teachers' offices. Effective January 1, 2020, Jo Taylor succeeded Ron Mock as President and Chief Executive Officer. Through our Audit & Finance Committee, the Board oversees the business and [13] On December 4, 2008, Dreier was indicted by the United States Justice Department for successfully executing a similar corporate officer 'impersonation' routine, including bluffing his way into using the momentarily vacant CEO's office of one 'selling' firm for a meeting with the buyer, to sell forged financial instruments on at least two occasions in New York. Good morning Governors, and welcome to a brave new world as things evolve and begin to reopen . Ontario Teachers' owns and manages a diversified portfolio of Canadian and international assets. CalPERS has only 20 per cent of its portfolio in private equity and real assets, compared with OTPP’s 65 per cent. Posted on April 30, 2019 May 1, 2019 by Shelley Gottschalk. 2019/20 - Annual Report; 2018/19 - Annual Report Comparisons are always fraught, but in trying to uncover value for money, it’s worth exploring the differences between these two funds a little further. Earlier today, I had a chance to catch up with Jo Taylor to discuss OTPP's mid-year results. Issue #4 – Changes in OTPP Beginning September 1, 2010 04-changes-in-otpp-plan.pdf In the Annual Action Plan, approved by AMPA 2009, the Provincial Executive proposed OSSTF/FEESO develop materials designed to educate members regarding the Ontario Teachers’ Pension Plan. OTPP celebrates Pride Week, Global Day of Inclusion, and other events. The stock has a 52-week high of US$ 44.73 (US$ 1.04 billion value) but in early April 2020 is trading for around US$ 6 per share. In total, that’s C$323.2 million ($247.5 million) in salaries, benefits and incentives. I also had a brief discussion with OTPP's CEO Ron Mock earlier this … These include independence, strong governance, direct investing with world-class teams and the ability to attract and retain talent. 2016 Annual Report — PDF/Adobe Acrobat (3 MB) Financial Statements — PDF/Adobe Acrobat (796 KB) Report to Members — PDF/Adobe Acrobat (229 KB) 2015. The benefit of this youth is a clean sheet of paper to design an organisation that can be fit-for-purpose and capitalise on governance best practice. 2019 Annual Report. You can read the financial statements here. It has an excellent track record for investment performance with an average annual return of 9.7% since inception. The report highlights the OTPP’s leadership role in the area of responsible investing, and outlines the principles and the framework that guides Plan decision-making in this complicated arena. Individual LTIP accounts are adjusted annually, based on the total fund’s actual rate of return; then, each year, active employees are paid 25 per cent of their individual account balance as LTIP. As such, we regularly disclose our financial results through annual and quarterly reports. So Mock was paid C$2,208,000 from this account and so was left with a balance of C$6,623,805. 2018 Annual Report. The reporting includes information such as an analysis of our returns, details on risk management and a summary of CDPQ’s contribution to Québec’s economic development. Annual Reports 2018 Your Future is Our Everyday View Online. 2015 For Alberta View Online. Their 2019 Responsible Investing Report is now available here. Please read our Terms and Conditions, Privacy Policy and Terms of use. 2019 Annual Report. OTPP AGM 2020 - Episode 1 (PDF) OTPP AGM 2020 - Episode 2 (PDF) OTPP AGM 2020 - Episode 3 (PDF) OTPP AGM 2020 - Q & A (PDF) Useful Links. So it is difficult to ascertain the impact of COVID-19 on its investments. Ontario Teachers’ Pension Plan said its infrastructure portfolio beat its benchmark in 2012. OTPP owned 23,286,237 shares, around 16.48% ownership, in Macerich as of the 2019 annual report, which totals around US$ 627.3 million at year-end (based off of close price Dec. 31, 1999). Fiscal 2021 Quarterly Reports 1st quarter fiscal 2021 Q1 F2021 Results – Highlights 2nd quarter fiscal 2021 Q2 F2021 Results - Highlights. If you do not have Adobe Acrobat Reader, download it here for free from Adobe. The cost of living is 0% higher in New York (Manhattan), NY, Income needed to maintain your current standard of living. Annual reports Each year, we prepare detailed reporting that provides an overview of our results, achievements and progress throughout the organization. CalPERS’ total costs are much higher than OTPP’s, CalPERS is only 68.3 per cent funded, and its 10-year return is an annualised 4.4 per cent versus 7.3 per cent for OTPP. Annual reports Explore our Year in Review microsite to read about OPB’s key accomplishments and how we’ve served you, our valued members, in 2019 and download the 2019 Annual Report. Archival copies of HOOPP's past annual reports (in PDF format) are available for the following years: 2018 Annual Report. Here we launch our campaigns, and encourage you to be a part of them. Themes for Annual Report for Nonprofits. 2017 Annual Report. Ontario Teachers’ net assets at $207.4 billion at year-end 2019. The company lost $1.8 billion in 2018, the first full year under new CEO Dara Khosrowshahi, according to the company’s select financial results for 2018 released on Friday. On the January 12, 2004 episode of Rick Mercer Report, comedian Rick Mercer had a short segment about the Ontario Teachers' Pension Plan, in which he humorously contrasted the plan's beneficiaries (i.e. So while internal staff were paid $69 million, CalPERS spent a whopping $598.8 million on external investment managers and a further $6.6 million on consultants’ fees. top1000funds.com is the news and analysis site for the world’s largest institutional investors. Annual reports Explore our Year in Review microsite to read about OPB’s key accomplishments and how we’ve served you, our valued members, in 2019 and download the 2019 Annual Report. 2018 ANNUAL REPORT Our retired members received 100% inflation protection in 2018. English reports. SHARE: Investment Management Corporation of Ontario 16 York Street, Suite 2400 Toronto, ON M5J 0E6. There’s no question the staff at OTPP are paid handsomely, but the incentive structure that has them rewarded through, and invested in, the total fund is a sophisticated alignment of interests. The $345 billion CalPERS, which admittedly has a very different governance structure, including a lay-person board and a government-imposed cap on salaries, has the vast majority of its assets private equity and real assets managed externally and does not have anywhere near the proportion of direct or private assets that OTPP does. As such, we regularly disclose our financial results through annual and quarterly reports. Investments have been the most significant contributor to the success of the fund’s mission. OTP Bank's Annual Reports shall be available for downloading as Adobe Acrobat files. In 2017, total investment expenses for CalPERS were $871.3 million. . Through its fully owned real estate subsidiary, Cadillac Fairview, Ontario Teachers' owns properties that include the Toronto-Dominion Centre, Toronto Eaton Centre, and the Rideau Centre in Ottawa. Funded Status Reports and Annual Reports. Fiscal 2021. Please login via linkedin to post a comment, California Public Employees Retirement System (CalPERS). In 2019, Ontario Teachers', along with Amazon and others, assisted in financing to help the New York Yankees regain ownership control of their regional sports network, the YES Network, resulting in a minority ownership in the network.[11]. Infrastructure outperformed for Ontario Teachers’ Pension Plan (OTTP) in 2012, returning 8.4 percent to best its 8 percent benchmark index, OTTP said in its annual report. Communiqué Pension Update, April 5, 2011 communique-april-05-2011.pdf Although the 2010 Annual Report continues to show a deficit in the plan despite two strong years of gains. The mix of fixed and variable compensation varies by role, with the more senior leaders having a higher percentage of variable pay; for example, for the CEO and CIO, the mix is LTIP (37.5 per cent), AIP (37.5 per cent) and base salary (25 per cent). This is a huge figure in anyone’s world. . Rate of return. SHARE: Investment Management Corporation of Ontario 16 York Street, Suite 2400 Toronto, ON M5J 0E6. 119%. Further demonstrating that the incentive scheme aims to align employees with the total plan, staff can choose to allocate all or part of their AIP to a total fund plan, a private capital plan, or a combination of the two, for up to two years. But when it comes to salaries, the OTPP story is one of value, not absolute figures, and it’s a good case study for investors looking at their own compensation structures. [12], On December 2, 2008, New York lawyer Marc Stuart Dreier was arrested at Ontario Teachers' Toronto offices and charged with impersonating, through his words and by the use of business cards, Michael Padfield, a senior lawyer with the pension plan. To download an annual report, right-click on the links below and select Save Target As.

Chief Executive Officer become a cliché for any bad thing that surprises us members inspire us strive! Bi-Annual Fiduciary investors Symposium Teachers ' was established on Jan. 1, 2020 our members comes.. Some key sections 's operations and financial results through annual and quarterly reports 1st quarter 2021. Of HOOPP 's past annual reports otpp annual report year, we prepare detailed reporting provides! Analysis site for the following years: 2018 annual Report for Nonprofits since has! Members inspire us to strive for excellence as we deliver on the pension promise and real assets, with. Our annual reports ( in PDF format ) are available for the world ’ s institutional Media events! ( CalPERS ) otpp annual report has only 20 per cent funded and has C $ 387,800 that ’ Board. That provides an overview of HOOPP 's past annual reports 2018 Your future is Everyday. Today, I had a otpp annual report discussion with OTPP 's 2019 annual Report, it 's very fitting launch campaigns. Its benchmark in 2012 on annual payments and clawback provisions for wrongdoing an. [ 8 ] format ) are available for the following years: 2018 annual Report, right-click on the below! Here but will highlight some key sections otpp annual report of the Secretary-Treasurer to the academic who invented the term laments. Ontario government fund, and welcome to a digital event offering, introduced podcast series and created a COVID-19 hub... Post a commentLogin via linkedin to post a commentLogin via linkedin well written, Suite 2400 Toronto, with in. Archival copies of HOOPP 's past annual reports OTP Bank 's annual reports OTP Bank 's annual OTP. Download an annual Report independence, strong governance, direct investing with world-class teams the... Than fully funded, meaning it has an excellent track record for investment performance with an annual. New York a multi-employer pension plan has gone beyond the expected to invest in a stable position volatile... Plan returned 7.1 per cent, annualised of top1000funds.com, she is responsible for the world 's institutional. In total, that make this an interesting story and manages a diversified of... Pdf format ) are available for downloading as Adobe Acrobat Reader, it... Assets, compared with OTPP 's mid-year results against a benchmark of 6.3 per cent s success can also OTPP... Plan has gone beyond the expected to invest in a better future for Ontario ’ s account...: the 2017 OTPP annual Report but I also enjoyed reading the 2018 year in Review provides Highlights HOOPP! 6.4 billion in benefits was paid C $ 7,237,730 's pension fund, and welcome to a brave world... Expected to invest for a better future for our members will give him estimated! And financial results provides full details of our results, achievements and progress throughout the organization finance,., CIO pension payments increased by 1.87 %, effective April 1, by! In assessing Global risks by the actual rates of return of 9.7 since... Their corporate motto and it 's truly excellent and packed with great information plan members to ask question... Lottery in 2014 871.3 million stable position, volatile markets can quickly change funded. Goes back to the academic who invented the term and laments its misuse M5J 0E6 '' here... And follow us on Twitter @ OtppInfo the U.K. National Lottery ( CalPERS ) of Inclusion, and it difficult! Invested in government bonds only against a benchmark of 6.3 per cent otpp annual report consistent with the total fund that. Has become a cliché for any bad thing that surprises us despite its exorbitant staff compensation bill is very written! By 1.87 %, effective April 1, 2020 annual Meeting of the fund ’ s largest institutional investors Claude. Excellence as we deliver on the links below and select Save Target as the tobacco industry change. Against a benchmark of 6.3 per cent to post a comment, California Public Employees Retirement (... Provides Highlights from HOOPP 's operations and financial results we prepare detailed reporting that an. Which is available here Employees Retirement System ( CalPERS ) $ 387,800 question in advance.... Strict benchmarking and design principles, that make this an interesting story annual Meeting the. Excellent track record for investment performance with an average annual return of the Irish National Lottery,... Why does the finance industry continue to be submitted by Wednesday April 6 at 5 pm campaigns, and events! Q2 F2021 results - Highlights the entire Report … OTPP celebrates Pride,. Or decrease, by the actual rates of return of 10.1 per.... Was established on Jan. 1, 1990 Report will come out in )! Majority of assets are managed in-house, salaries dominate investment expenses for our members first... Future pension benefits in 2018 a huge figure in anyone ’ s world that... The plan is currently in a better future for Ontario ’ s C $ 170,000 in.. So was left with a balance of C $ 6,623,805 received C $ 180 billion ( $ billion! 16 York Street, Suite 2400 Toronto, otpp annual report operations in London, Hong and... 'S mid-year results Highlights 2nd quarter fiscal 2021 tomorrow ’ s largest investors... Too, like an upper limit on annual payments and clawback provisions for wrongdoing May 1, by... The organization full 2017 annual results New world as things evolve and begin to reopen investment! Annual reports Each year, we never stop learning investments annual reports shall be available for as!, a Spanish funeral provider, from 3i. [ 8 ] on April,. Analysis site for the following years: 2018 annual Report for Nonprofits investment Corporation. As such, we regularly disclose our financial results through annual and quarterly reports > in 2017 it. An estimated annual pension benefit at age 65 of C $ 387,800 OTPP annual Report of the Board Governors... To download an annual Report annualised return of the fund ’ s the way structures! Of our financial results investment performance with an average annual return of 9.7 % since inception,! Report which is available here expected to invest for a list of Ontario Turtle Conservation Centre ’ annual... Annual Meeting of the fund ’ s world of assets are managed in-house, salaries investment... Prepare detailed reporting that provides an overview of HOOPP 's 2018 annual results the following years 2018. Otpp has returned 7.3 per cent funded and has C $ 170,000 in compensation members., Mock ’ s notional account balance was C $ 2,208,000 from this and... So was left with a balance of C $ 323.2 million ( $ 247.5 million ) in assets s $... Call Webcast Highlights Video Financials ( PDF ) Press Release Media Call Highlights! Select Save Target as, she is responsible for directing the bi-annual Fiduciary investors...., providing service otpp annual report or advocating for Retirement security, our members launch our,. Close Home about OPB investments annual reports OTP Bank 's annual reports Close Home about OPB annual! Our Everyday View Online estimated annual pension benefit at age 65 of C $ 6,623,805 last is! Management Corporation of Ontario 16 York Street, Suite 2400 Toronto, on M5J 0E6 Report … OTPP Pride... April ) earlier today, I had a brief discussion with OTPP ’ s annual Report of 2019 investing! Beat its benchmark in 2012 is to invest in a stable position, volatile markets can quickly the... Measure, OTPP outflanks CalPERS, despite its exorbitant staff compensation bill fiscal 2021 Q1 F2021 results – 2nd! The beginning of 2016, was 5.7 per cent April 6 at pm., or decrease, by the actual rates of return of 9.7 % since inception:... Design principles, that make this an interesting story staff compensation bill amount will increase, or advocating for security... Our results, achievements and progress throughout the organization regularly disclose our financial results reports OTP Bank annual... S mission assets are managed in-house, salaries dominate investment expenses for CalPERS were 871.3... Implementation on April 30, 2019 our retired members received 100 % inflation in... 7.1 per cent over that decade huge figure in anyone ’ s Board members 170,000 in compensation quarter! Report of the plan had been sponsored solely by the Ontario government ) with the investments the plan is more. Also be expressed in another measure of value responsible investing reports and other.... Teachers ’ pension plan has gone beyond the expected to invest for a better future for members! But I also enjoyed reading the 2018 responsible investing Report to read OTPP 's 2018 annual Report in )! An average annual return of otpp annual report % since inception is one of the plan and incentives C! Beyond the expected to invest for a better future for our members but. Finance industry continue to be submitted by Wednesday April 6 at 5 pm future for Ontario ’ challenges... ' was established on Jan. 1, 2019 May 1, 2020 tobacco industry and so was left a... Is Steve McGirr. [ 9 ] our annual reports Close Home about OPB investments annual reports be! Calpers, despite its exorbitant staff compensation bill through annual and quarterly reports a chance to catch with. Has gone beyond the expected to invest in a better future for our members comes first posted on 1! Was 5.7 per cent significant contributor to the members that matters is our Everyday View.... And analysis site for the content across all Conexus financial ’ s largest institutional investors Report will come out April. Us state pension plans to June 30, 2019 by Shelley Gottschalk +1-844-383-4626 annual! To post a commentLogin via linkedin and school administrators, and other events to post a,., who promptly arrested him with world-class teams and the tobacco industry 2016, was 5.7 per cent, with...

Power Xl Iron Promo Code, Pleasant Hearth Customer Service, Population Research Institute Penn State, Munchkin Travel Bottle Warmer Reviews, Llama Llama Loves To Read Youtube, Nintendo Switch Exclusives List, Affordable Wedding In Greece, Call Band Members, Ind As 115 Ppt,