2016 AIMCo View Online. 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. This annual report is very well written, one of the best I've read in years. 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. Net assets. Annual reports Each year, we prepare detailed reporting that provides an overview of our results, achievements and progress throughout the organization. 2017 10 Together View Online. The OTPP website says the meeting offers the opportunity to members to 'ask the chair or executives a question'. Click here for a list of Ontario Turtle Conservation Centre’s board members. I also had a brief discussion with OTPP's CEO Ron Mock earlier this … $94.1. 2012 Aim True View Online. Depending on the job function, the annual incentive plan (AIP) for executives is a combination of: fund performance, division performance, four-year total fund performance, four-year investment department performance, and individual performance. 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. 2019 Annual Report (PDF) 2018 Annual Report (PDF) 2017 Annual Report (PDF) Annual Report of the Canada Pension Plan 2017 to 2018. Annual Reports. 2018 Annual Report. A receptionist in the Ontario Teachers' offices had become suspicious and notified Toronto police, who promptly arrested him. Ontario Teachers’ Pension Plan said its infrastructure portfolio beat its benchmark in 2012. 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. 2018 Year in Review. . "We Lead. Ready to learn. Through our Audit & Finance Committee, the Board oversees the business and CalPERS has only 20 per cent of its portfolio in private equity and real assets, compared with OTPP’s 65 per cent. The Plan is currently more than fully funded, meaning it has more assets than it owes in current and future pension benefits. In contrast, the average 10-year investment returns for US state pension plans to June 30, 2016, was 5.7 per cent. Publications Archive. 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. Asset owners from 23 countries are reacting differently to inflation expectations, with almost half already hedging their portfolios but 20 per cent consider inflation is unlikely. Plan Performance and 2019 Annual Report. 2018 Annual Report. Consistent with the fact the vast majority of assets are managed in-house, salaries dominate investment expenses. 17.1%. Take the time to read OTPP's 2018 Annual Report, it's truly excellent and packed with great information. All the Right Elements – 2018 Annual Results 1,897 views 1 year ago 2018 was a solid year for Ontario Teachers’, despite challenges in the global economy. We pivoted to a digital event offering, introduced podcast series and created a COVID-19 research hub. OTPP paid a further C$33.1 million in compensation to key personnel, including the chief executive, chief investment officer and critical investment staff. 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. It has an excellent track record for investment performance, with an average annual return of 9.7% since inception. English reports. It acquired a share of the Irish National Lottery in 2014. Learn more about how we’re working to provide you with financial and retirement planning tools so you can make informed decisions about your retirement. This will give him an estimated annual pension benefit at age 65 of C$387,800. Chris Glynn - 4 April 2013. In 2020, as the world and global economies changed so dramatically, we were on our toes to innovate our media and event offerings in a bid to give you what you needed to navigate a changing world. This list of organizations invested in by Ontario Teachers' Pension Plan provides data on their funding history, investment activities, and acquisition trends. In this overview you can read how PFZW performed, what the financial situation was and a lot of other insights about the company in 2019. The most important attachment is OTPP's 2018 Annual Report but I also enjoyed reading the 2018 Responsible Investing Report. 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. HOOPP, with a record $51.6 billion in net assets, ended 2013 … 2017 Annual Report . Annual reports archive. Whether we’re investing, providing service, or advocating for retirement security, our commitment to our members comes first. (Note: the 2017 OTPP annual report will come out in April). 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). The Ontario Teachers' Pension Plan Board (French: Régime de retraite des enseignantes et des enseignants de l'Ontario) 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. Recent Publications. Part of the series: Accounting Tips. Annual Reporting. 2019 . Since 1990, Ontario Teachers’ Pension Plan has gone beyond the expected to invest in a better future for our members. In total, that’s C$323.2 million ($247.5 million) in salaries, benefits and incentives. Uncategorized / 2018 Annual Report. These include independence, strong governance, direct investing with world-class teams and the ability to attract and retain talent. As such, we regularly disclose our financial results through annual and quarterly reports. In 2016, Ontario Teachers’ Pension Plan (OTPP) paid staff more than C$360 million ($276 million) in compensation. 2017 Year … Now, take the time to carefully read the full 2017 Annual Report which is available here. Comparisons are always fraught, but in trying to uncover value for money, it’s worth exploring the differences between these two funds a little further. Fiscal 2021 Quarterly Reports 1st quarter fiscal 2021 Q1 F2021 Results – Highlights 2nd quarter fiscal 2021 Q2 F2021 Results - Highlights. Our most recent Corporate Annual Report provides our investment highlights for 2019-20. 2014 Invested In People View Online. It employs 1100 people in its offices in Toronto, London and Hong Kong, and another 1500 in its real-estate subsidiary, Cadillac Fairview. So Mock was paid C$2,208,000 from this account and so was left with a balance of C$6,623,805. Performance snapshot. With the OMERS defined benefit pension plan you can confidently retire knowing that you will have income for life. Posted on April 30, 2019 May 1, 2019 by Shelley Gottschalk. At the beginning of 2016, Mock’s notional account balance was C$7,237,730. Fiscal 2021 Quarterly Reports 1st quarter fiscal 2021 Q1 F2021 Results – Highlights 2nd quarter fiscal 2021 Q2 F2021 Results - Highlights. 2019 Annual Report (PDF) 2018 Annual Report (PDF) 2017 Annual Report (PDF) 2016 Annual Report (PDF) 2015 Annual Report (PDF) … To be fair, CalPERS has been on a cost-cutting exercise for some years now, and in the last four years has reduced its external manager fees from more than $1.34 billion in 2014. Uncategorized / 2018 Annual Report. Employees in Canada over the age of 18 contribute either to the CPP or to its sister plan, the Quebec Pension Plan (QPP). HOOPP’s Annual Report provides full details of our financial results. OTPP celebrates Pride Week, Global Day of Inclusion, and other events. Downloadable PDF Interactive PDF. OTPP celebrates Pride Week, Global Day of Inclusion, and other events. SHARE: Investment Management Corporation of Ontario 16 York Street, Suite 2400 Toronto, ON M5J 0E6. There are other design rules, too, like an upper limit on annual payments and clawback provisions for wrongdoing. Each employee’s incentive pay is designed around the risk budget and the board approves the active risk allocations, which in turn establish expected annual dollar value-added performance goals each year. Infrastructure outperformed for Ontario Teachers’ Pension Plan (OTTP) in 2012, returning 8.4 percent to best its 8 percent benchmark index, OTTP said in its annual report. Access portfolio reporting and more from PSP Investments. On the January 12, 2004 episode of Rick Mercer Report, comedian Rick Mercer had a short segment about the Ontario Teachers' Pension Plan, in which he humorously contrasted the plan's beneficiaries (i.e. Ontario Teachers' owns and manages a diversified portfolio of Canadian and international assets. Many other funds have grown up with more complexity, legacy issues – and in some areas naivety around these tenets – than the slick operations of OTPP. So it explicitly makes its salaries competitive with those organisations. Read our comprehensive overview of HOOPP's 2018 Annual Results. You can also read OTPP's mid-year 2017 report here. The fund’s LTIP is designed to reward employees for delivering total fund net value-added and positive actual returns, net of costs over the long term. Benefit security. Ontario Teachers' was established on Jan. 1, 1990. The account earned 4.24 per cent, consistent with the total fund performance that year. Update: OTPP's CIO Ziad Hindo was kind enough to share this after reading my comment: "Regarding currencies, as we stated in the annual report (p. 20), we do manage currencies from total Fund perspective and selectively hedge part of that exposure (the page has a chart highlighting international exposure and a second chart with currency exposure). Good morning Governors, and welcome to a brave new world as things evolve and begin to reopen . 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. Ontario Teachers' is headquartered in Toronto, with operations in London, Hong Kong and an office in New York. Every day, our members inspire us to strive for excellence as we deliver on the pension promise. 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. Mock’s pension value increased by C$771,600 in 2016 and at the end of the year he had a balance of C$5,946,300. OTPP AGM 2020 - Episode 1 (PDF) OTPP AGM 2020 - Episode 2 (PDF) OTPP AGM 2020 - Episode 3 (PDF) OTPP AGM 2020 - Q & A (PDF) Useful Links. White is responsible for the content across all Conexus Financial’s institutional media and events. BCI’s 2019 ESG Annual Report provides an in-depth look at our approach to environmental, social, and governance (ESG) matters, our activities, and our progress. teachers) with the investments the plan had made, including shopping malls and the tobacco industry. 2016 Annual Report — PDF/Adobe Acrobat (3 MB) Financial Statements — PDF/Adobe Acrobat (796 KB) Report to Members — PDF/Adobe Acrobat (229 KB) 2015. Please login via linkedin to post a commentLogin via LinkedIn. OTPP 2016 Annual Report pp 2 OECD report: Pension-Markets-in-Focus-2016 pp 18 OTPP and the Financial Crisis • OTPP reports in their 2008 annual report a • OECD reports that in 2008 countries with return of -18.0% equity dominated portfolios suffered the most. Salaries are made up of a base, an annual incentive plan (AIP), a deferred incentive plan and a long-term incentive plan (LTIP). 2018 Year in Review. I obviously cannot cover the entire report here but will highlight some key sections. The deferred amount will increase, or decrease, by the actual rates of return of the plan. Take the time to read OTPP's 2018 Annual Report, it's truly excellent and packed with great information. The benefit of this youth is a clean sheet of paper to design an organisation that can be fit-for-purpose and capitalise on governance best practice. 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) Annual Reports. 2015 For Alberta View Online. OTPP released its annual report in April and it only covered the 2019 calendar year. 2019/20 - Annual Report; 2018/19 - Annual Report (Note: the 2017 OTPP annual report will come out in April). But the point remains; on every measure, OTPP outflanks CalPERS, despite its exorbitant staff compensation bill. The cost of living is 0% higher in New York (Manhattan), NY, Income needed to maintain your current standard of living. As such, we regularly disclose our financial results through annual and quarterly reports. Issue #4 – Changes in OTPP Beginning September 1, 2010 04-changes-in-otpp-plan.pdf In the Annual Action Plan, approved by AMPA 2009, the Provincial Executive proposed OSSTF/FEESO develop materials designed to educate members regarding the Ontario Teachers’ Pension Plan. Issue #4 – Changes in OTPP Beginning September 1, 2010 04-changes-in-otpp-plan.pdf In the Annual Action Plan, approved by AMPA 2009, the Provincial Executive proposed OSSTF/FEESO develop materials designed to educate members regarding the Ontario Teachers’ Pension Plan. (Note: the 2017 OTPP annual report will come out in April). Black Swan has become a cliché for any bad thing that surprises us. OTP Bank's Annual Reports shall be available for downloading as Adobe Acrobat files. So it is difficult to ascertain the impact of COVID-19 on its investments. Annual Report (PDF) Press Release Media Call Webcast Highlights Video Financials (PDF) Mid-Year 2020. Individual LTIP accounts are adjusted annually, based on the total fund’s actual rate of return; then, each year, active employees are paid 25 per cent of their individual account balance as LTIP. Their 2019 Responsible Investing Report is now available here. For more information, visit otpp.com and follow us on Twitter @OtppInfo. Annual Reports OTP Bank's Annual Reports shall be available for downloading as Adobe Acrobat files. After all, it’s what goes back to the members that matters. 8 salaries. Ontario Teachers’ net assets at $207.4 billion at year-end 2019. I obviously cannot cover the entire report … Here to lead. In total, that’s C$323.2 million ($247.5 million) in … This is a huge figure in anyone’s world. 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. In November, the Board once again approved 100% inflation protection for implementation on April 1, 2019. Phone: +1-416-408-4626 Toll Free: +1-844-383-4626 F2021-2023. To put this in perspective, CalPERS spent only $69 million on investment salaries in 2017, about 20 per cent what OTPP paid. Node: corpappprd4.otpp.com About Ontario Teachers' With $204.7 billion in net assets as of June 30, 2020, the Ontario Teachers' Pension Plan is the largest single-profession pension plan in Canada. In 2017, it acquired Mémora Servicios Funerarias, a Spanish funeral provider, from 3i.[9]. Read the annual report of 2019 Responsible disclosure Paying good people good money is, and should be, a key part of an organisation that has 80 per cent of its assets managed in-house. [6] Until then, Ontario teachers' pensions had been sponsored solely by the Ontario government. You can read the financial statements here. Archival copies of HOOPP's past annual reports (in PDF format) are available for the following years: 2018 Annual Report. The stock has a 52-week high of US$ 44.73 (US$ 1.04 billion value) but in early April 2020 is trading for around US$ 6 per share. Themes for Annual Report for Nonprofits. Find out more about where we’re investing and how we’re anticipating tomorrow’s challenges today. News Release 1st quarter fiscal 2021 2nd quarter fiscal 2021. Each year, a small percentage of the year’s total net value added forms an LTIP pool, which is allocated to individuals’ notional accounts. 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. During this Annual Meeting, Governors will hear from Steve McGirr (OTPP Chair) and Jo Taylor (President & CEO) on how the Plan is faring so far during the pandemic. Annual reports archive. [7] The Chair of the Board is Steve McGirr.[8]. Funded status. 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. 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. The details on their annual meeting - including how to submit a question in advance - can be found on their website at 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]. Through its private equity investment arm, Private Capital, Ontario Teachers' owns or has had interests in companies such as Munchkin, Plano and Shearer's Foods.