Interaction – May 2023
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Category Archives: OTF News
Ontario Teachers’ Pension Plan valuation to be filed
On March 14, 2023, the Ontario Teachers’ Pension Plan (the Plan) released its results for 2022. For a tenth consecutive year, the Plan is fully funded and has a current funding surplus of $17.5 billion (as of January 1, 2023). Click here.
50 – Day re-employment rule increased to 95 days for some OTPP retirees until June 30, 2023
The Ontario Teachers’ Federation (OTF) and the Ontario Government, as co-sponsors of the Ontario Teachers’ Pension Plan (OTPP), have agreed to temporarily increase the 50-day re-employment rule to 95 days for retired teachers, principals, and vice-principals in the publicly funded schools or in either a designated private school or a designated organization that operates on …
Interaction – January 2023
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OTF Calls on OCT to Reverse and Refund Fee Increase!
The Ontario College of Teachers (OCT) Governing Council recently approved its 2023 budget, which included an outrageous 17.64% membership fee increase. At the January 13th Ontario Teachers’ Federation (OTF) Board meeting, Governors from the four teacher Affiliates voted unanimously to condemn the OCT fee increase. As the stakeholders who represent the teachers of Ontario in …