The Ontario Teachers' Pension Plan, or OTPP for short, is the organization responsible for administering pensions for public school teachers of Ontario. The OTPP also invests the assets of the plan. The plan is a multi-employer pension plan, jointly sponsored by the Government of Ontario and the Ontario Teacher's Federation. The term public school has different (and in some cases contradictory) meanings due to regional differences. ... Motto: Ut Incepit Fidelis Sic Permanet (Latin: Loyal she began, loyal she remains) Official languages English Flower White trillium Capital Toronto Largest city Toronto Lieutenant-Governor James K. Bartleman Premier Dalton McGuinty (Liberal) Parliamentary representation  - House seat  - Senate seats 106 24 Area Total  - Land  - Water    (% of total)  Ranked 4th 1...

The OTPP was established in 1991. Prior to 1991, Ontario teachers' pensions had been sponsored solely by the Ontario government. Assets of the plan had been invested in government bonds only.

Today, the OTPP administers the pensions for some 163,000 teachers, principals, and school administrators, and pays pensions to some 101,000 retirees.

The OTPP maintains a prominent role as one of Canada's largest investors, owning investments across Canada. The plan has net assets of C$96.1 billion dollars (as of December 31, 2005). Through its fully owned subsidiary Cadillac Fairview, the OTPP owns properties including the Toronto-Dominion Centre, Toronto Eaton Centre, and the Rideau Centre in Ottawa. Through its investment arm, Teacher's Merchant Bank, the OTPP controls companies such as Samsonite, Maple Leaf Sports & Entertainment, Maple Leaf Foods, Parmalat Canada, Doane Pet Care, Shoppers Drug Mart, and Worldspan. It recently acquired a 20% stake in Bell Globemedia. The Toronto-Dominion Centre. ... The Toronto Eaton Centre is a large shopping mall and office complex in downtown Toronto, Ontario Canada. ... The Rideau Centre at Christmas. ... Motto: Template:Unhide = Advance Ottawa/Ottawa en avant Location City Information Established: 1850 as Bytown Area: 2,778. ... Samsonite is the world’s largest maker of luggage, making everything from large suitcases to smaller toiletries bags. ... Maple Leaf Sports & Entertainment (MLSE) are the owners and operators of the Toronto Maple Leafs National Hockey League hockey team and the Toronto Raptors National Basketball Association team in Toronto, Ontario, Canada. ... Maple Leaf Foods TSX: MFI is a major Canadian food processing company. ... Parmalat Canada is a company that sells dairy products. ... Doane Pet Care (DPC) is a leading manufacturer of dry pet food and pet snacks and treats in the United States. ... Shoppers Drug Mart logo Shoppers Drug Mart Corporation TSX: SC is Canadas largest pharmacy chain with more than 900 stores operating under the names Shoppers Drug Mart across Canada (outside of Quebec), Pharmaprix in Quebec, and SuperPharm in Israel. ... Worldspan is a technology company that specializes in travel related software and systems. ... Bell Globemedia Inc. ...

The plan was reported to have a C$21.8 billion actuarial deficit as at December 31, 2005.

The OTPP is headed by Claude Lamoureux, its President and CEO. The Chair of the Board is Robert Korthals.

The Ontario Teachers' Pension Plan is Canada's second largest pension fund after the Caisse de dépôt et placement du Québec. As of December 2006, OTPP had approximately $96.1-billion in net assets. The Caisse de dépôt et placement du Québec manages public pension plans in the Canadian province of Québec. ...

External links

• Official site