1-888-554-6661

GET ANSWERS TO YOUR QUESTIONS

In The News: Teachers Pension Fund Gains, But Misses Benchmark

As reported in The Globe And Mail, the Teachers Pension Fund underperformed its 10.7-per-cent benchmark by more than two full percentage points. During the pandemic, the bond-heavy portfolio provided a 8.6-per-cent return for the calendar year.

A benchmark is a target.

OTPP, the Ontario Teachers’ Pension Plan strives to achieve a 10.7% annual return. They missed it by 2.1%.

But, 8.6% return is still good and sufficient to allow the fund to pay pensions to teachers as promised.

Have questions about this news? Call me at 1-888-554-6661.

 

More Articles You Might Like:

BRUCE YOUNGBLUD, CFP, CIM
President of Pension Solutions Canada

You may also like...

Chat With A Certified Financial Planner - FREE!

Book a no-obligation 15-minute virtual Zoom consultation call with a Certified Financial Planner who can answer your pension and retirement questions and inform you of all your options!

Retiring in 2022? Book A 15-Minute Virtual Consultation!

Chat with Certified Financial Planner, Bruce Youngblud. He can advise you on pensions, retirement planning, tax planning and estate planning. Plan to enjoy retirement to the fullest!

Retiring in 2022? Book A 15-Minute Virtual Consultation!

Chat with Certified Financial Planner, Bruce Youngblud. He can advise you on pensions, retirement planning, tax planning and estate planning. Plan to enjoy retirement to the fullest!