Ontario Teachers' Pension Plan Board - OTPPB

AAA

DEFINITION of 'Ontario Teachers' Pension Plan Board - OTPPB'

An organization that oversees the pension plan for public school teachers in Ontario, Canada. The organization was established in 1989 and is responsible for investing approximately $100 billion CAD, making it one of the biggest investment organizations in Canada.

INVESTOPEDIA EXPLAINS 'Ontario Teachers' Pension Plan Board - OTPPB'

The Ontario Teachers' Pension Plan is the largest single-profession pension plan in Canada, administering the pensions of 175,000 teachers and school staff and paying benefits to 114,000 retirees. The plan experienced pension shortfalls in the wake of the financial crisis of 2008-2009.



RELATED TERMS
  1. Pension Shortfall

    A situation in which a company offering employees a defined benefit ...
  2. Defined-Benefit Plan

    An employer-sponsored retirement plan where employee benefits ...
  3. Actuarial Analysis

    The examination of risk by a highly educated and certified professional ...
  4. Pension Fund

    A fund established by an employer to facilitate and organize ...
  5. Funded Status

    The status of pension plan that has accumulated assets that have ...
  6. Eligible Transfer

    An IRS-allowed movement of assets into or out of an individual ...
Related Articles
  1. Pension Plans: Pain Or Pleasure?
    Retirement

    Pension Plans: Pain Or Pleasure?

  2. Is Your Defined-Benefit Pension Plan ...
    Retirement

    Is Your Defined-Benefit Pension Plan ...

  3. The Defined-Benefit Plan's Many Problems
    Retirement

    The Defined-Benefit Plan's Many Problems

  4. Tough Times: Should You Dip Into Your ...
    Retirement

    Tough Times: Should You Dip Into Your ...

comments powered by Disqus
Hot Definitions
  1. Walras' Law

    An economics law that suggests that the existence of excess supply in one market must be matched by excess demand in another ...
  2. Market Segmentation

    A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will ...
  3. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  4. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  5. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
  6. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
Trading Center