otpp annual report
$94.1. 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. 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. Ontario Teachers' also owns Camelot Group PLC, which holds an exclusive licence to operate the U.K. National Lottery. [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. Read our comprehensive overview of HOOPP's 2018 Annual Results. In November, the Board once again approved 100% inflation protection for implementation on April 1, 2019. 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. 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. Whether we’re investing, providing service, or advocating for retirement security, our commitment to our members comes first. PFZW publishes an annual report every year. Our most recent Corporate Annual Report provides our investment highlights for 2019-20. This is a huge figure in anyone’s world. 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. The Government and the teacher Partners are currently engaged in discussion with the Plan regarding the possibility of filing the January 1, 2011 valuation. In the same year, CIO Bjarne Graven Larsen received C$3,153,728 and CEO Ron Mock earned total compensation of C$4,087,974, making him the highest-paid executive in pension management globally (at least based on what can be gleaned from publicly available information). As such, we regularly disclose our financial results through annual and quarterly reports. OTPP released its annual report in April and it only covered the 2019 calendar year. Annual Report (PDF) Press Release Media Call Webcast Highlights Video Financials (PDF) Mid-Year 2020. Annual Reports. To download an annual report, right-click on the links below and select Save Target As. Ontario Teachers' owns and manages a diversified portfolio of Canadian and international assets. billion. 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. To download an annual report, right-click on the links below and select Save Target As. Uncategorized / 2018 Annual Report. It has an excellent track record for investment performance with an average annual return of 9.7% since inception. White is responsible for the content across all Conexus Financial’s institutional media and events. teachers) with the investments the plan had made, including shopping malls and the tobacco industry. We Learn. 2019 Annual Report (PDF) 2018 Annual Report (PDF) 2017 Annual Report (PDF) 2016 Annual Report (PDF) 2015 Annual Report (PDF) … OMERS pension income provides peace of mind. In 2021 Top1000funds.com will be actively campaigning to ensure the industry is allocating capital for the best possible outcomes for individuals and for the world. A receptionist in the Ontario Teachers' offices had become suspicious and notified Toronto police, who promptly arrested him. Recent Publications. 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. From 2003 to 2012, the fund was the principal owner of Maple Leaf Sports & Entertainment, the parent organization of the Toronto Maple Leafs, Toronto Raptors, Toronto FC and Toronto Argonauts. The 2018 Year in Review provides highlights from HOOPP's operations and financial results. 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. Annual reports archive. Downloadable PDF Interactive PDF. 2018 Year in Review. 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. 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. It employs 1100 people in its offices in Toronto, London and Hong Kong, and another 1500 in its real-estate subsidiary, Cadillac Fairview. The Plan is currently more than fully funded, meaning it has more assets than it owes in current and future pension benefits. . But it’s the way OTPP structures its salaries, including strict benchmarking and design principles, that make this an interesting story. It acquired a share of the Irish National Lottery in 2014. 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. 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. So it explicitly makes its salaries competitive with those organisations. Part of the series: Accounting Tips. Business Plan. 2018 Annual Report. 2018 Annual Report. A Q&A with Ziad Hindo, CIO. Annual Reports. This will give him an estimated annual pension benefit at age 65 of C$387,800. Through our Audit & Finance Committee, the Board oversees the business and 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). Annual Reports 2018 Your Future is Our Everyday View Online. SHARE: Investment Management Corporation of Ontario 16 York Street, Suite 2400 Toronto, ON M5J 0E6. 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) 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. 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]. Annual Reports. (Note: the 2017 OTPP annual report will come out in April). Net assets. 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. HOOPP’s Annual Report provides full details of our financial results. Ontario Teachers’ net assets at $207.4 billion at year-end 2019. OTP Bank's Annual Reports shall be available for downloading as Adobe Acrobat files. 2018 Annual Report. 17.1%. 2018 ANNUAL REPORT Our retired members received 100% inflation protection in 2018. Each year, a small percentage of the year’s total net value added forms an LTIP pool, which is allocated to individuals’ notional accounts. At Ontario Teachers’, we never stop learning. Performance snapshot.
In 2017, total investment expenses for CalPERS were $871.3 million. Funded Status Reports and Annual Reports. The most important attachment is OTPP's 2018 Annual Report but I also enjoyed reading the 2018 Responsible Investing Report. The OTPP website says the meeting offers the opportunity to members to 'ask the chair or executives a question'. The plan administers the pensions for some 184,000 teachers, principals and school administrators, and it pays pensions to some 145,000 retirees. However, the report did highlight significant investments in fossil fuels, including: The account earned 4.24 per cent, consistent with the total fund performance that year. [14], "Claude Lamoureux" redirects here. CalPERS has only 20 per cent of its portfolio in private equity and real assets, compared with OTPP’s 65 per cent. Now, take the time to carefully read the full 2017 Annual Report which is available here. 2019 Annual Report. Report of the Secretary-Treasurer to the Annual Meeting of the Board of Governors of the Ontario Teachers’ Federation, August 25, 2020 . 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. Salaries are made up of a base, an annual incentive plan (AIP), a deferred incentive plan and a long-term incentive plan (LTIP). Their 2019 Responsible Investing Report is now available here. 2017 10 Together View Online. 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. Publications Archive. Ontario Teachers' is one of Canada's largest institutional investors, having reported $207.4 billion in net assets on December 31, 2019. Investments have been the most significant contributor to the success of the fund’s mission. 2013 Access To Opportunity View Online. Annual reports archive. 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. 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. By. Take the time to read OTPP's 2018 Annual Report, it's truly excellent and packed with great information. In addition to being the editor of top1000funds.com, she is responsible for directing the bi-annual Fiduciary Investors Symposium. 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. After all, it’s what goes back to the members that matters. 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. Look beyond traditional finance models in assessing Global risks the 2018 year Review... Carefully read the annual Report, it 's truly excellent and packed with great information the term and its... In 2017, total investment expenses Report provides our investment Highlights for 2019-20 us on Twitter @ OtppInfo with Hindo. And real assets, compared with OTPP ’ s largest institutional investors re investing providing... 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