Ontario Teachers' Pension Plan Board - OTPPB


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.

BREAKING DOWN '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.

  1. Funded Status

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  4. Actuarial Analysis

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  5. Defined-Benefit Plan

    An employer-sponsored retirement plan where employee benefits ...
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    The excess return that investing in the stock market provides ...
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  1. Are 401(k) contributions tax deductible?

    All contributions to qualified retirement plans such as 401(k)s reduce taxable income, which lowers the total taxes owed. ... Read Full Answer >>
  2. Are 401(k) rollovers taxable?

    401(k) rollovers are generally not taxable as long as the money goes into another qualifying plan, an individual retirement ... Read Full Answer >>
  3. Are catch-up contributions included in the 415 limit?

    Unlike regular employee deferrals, catch-up contributions are not included in the 415 limit. While there is an annual limit ... Read Full Answer >>
  4. Can catch-up contributions be matched?

    Depending on the terms of your plan, catch-up contributions you make to 401(k)s or other qualified retirement savings plans ... Read Full Answer >>
  5. Are catch-up contributions included in actual deferral percentage (ADP) testing?

    Though the Internal Revenue Service (IRS) carefully scrutinizes the contributions of highly compensated employees (HCEs) ... Read Full Answer >>
  6. Can a 401(k) be used for a house down payment?

    A 401(k) retirement plan can be tapped to raise a down payment for a house. You can either borrow money or make a withdrawal ... Read Full Answer >>

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