Ontario Teachers Pension Plan
With $87.4 billion in net assets at December 31, 2008, the Ontario Teachers’ Pension Plan (Teachers’) is the largest single-profession pension plan in Canada. An independent corporation, it invests the pension fund’s assets and administers the pensions of 284,000 active and retired teachers in Ontario.
A pension plan has existed for Ontario teachers since 1917. Today, the plan’s members include 173,000 teachers in elementary and secondary schools in Ontario, 111,000 pensioners, and 72,000 inactive members. The plan has one of Canada’s largest payrolls with $4.2 billion in benefits paid to plan members, and $2.3 billion received in total contributions from teachers and the provincial government in 2008.
Recent Milestones
Investments
Videos
Sources
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Trion Worlds Completes $85M Equity Financing (finsmes.com)
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PharmAthene, Inc. Announces $19.3 Million Private Placement of Convertible Notes and Common Stock Warrants (ir.pharmathene.com)
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Gemin X Pharmaceuticals closes $38 Mn Series C financing (siliconindia.com)
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Entrisphere Scores $75M Round (lightreading.com)
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