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The Teachers' Pension Plan provides secure retirement income for more than 100,000 plan members, including teachers, vice-principals, principals and superintendents from school boards across the province.
The plan provides a lifetime pension to Ontario’s active and retired teachers, and their survivors. It also provides benefits if members die, become disabled or permanently leave teaching before retirement.
The official site of the Ontario Teachers' Pension Plan. Find out what we're doing, who we are, and how to contact us.
The Teachers' Pension Plan provides secure retirement income for more than 100,000 plan members, including teachers, vice-principals, principals and superintendents from school boards across the province.
The Teachers' Pension Plan provides secure retirement income for more than 100,000 plan members, including teachers, vice-principals, principals and superintendents from school boards across the province.
Confidence. We maintain assurance through our strategic clarity and strong financial results—safeguarding your financial future. Security. And by delivering a predictable, lifetime retirement income, we go a long way in ensuring your peace of mind. Now, and in retirement. Comparable to an open book, we’re built from transparency.
Ontario Teachers’ is a defined benefit pension plan. This means your pension is defined by a formula that takes into account your average salary and credit. You automatically become a member of Ontario Teachers’ and begin to build credit when your employer deducts pension contributions from your pay.
Your pension benefit is made up of two components, your lifetime pension and your bridge benefit. Your lifetime pension is calculated at 1.3%* of your highest average salary (best 5 years) and is payable from the date you started receiving your pension until death.
The Nova Scotia Teachers’ Pension Plan (TPP or Plan) is one of the largest public sector pension plans in the Province. The Plan is a defined benefit registered pension plan that offers you a lifetime pension benefit when you retire.
Depending on how many years you have been contributing to the TPP, you may qualify to retire with an unreduced pension, a reduced pension (early retirement), or a full pension. Retire with an Unreduced Pension:
