Ontario Teachers' Pension Plan
Ontario educational pension plan organization / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Ontario Teachers' Pension Plan?
Summarize this article for a 10 year old
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. Ontario Teachers' also invests the plan's pension fund and it is one of the world's largest institutional investors, acting as a partner organization of the World Economic Forum.[6] The plan is a multi-employer pension plan, jointly sponsored by the Government of Ontario and the Ontario Teachers' Federation.
Company type | Private |
---|---|
Industry | Pension fund |
Founded | January 1, 1990; 34 years ago (1990-01-01) |
Headquarters | , Canada |
Key people | |
Total assets | C$247.5 billion[3] (2023) |
Number of employees | 1,300[4] |
Subsidiaries | Cadillac Fairview |
Website | otpp |
Ontario Teachers' achieved a 11.1% one-year total-fund net return in 2021 and achieved its ninth consecutive fully funded year.[7]