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A sunshine list is a listing of salary, benefit and severance information. [1] Its colloquial name refers to the goal of illuminating government expenditures. [2] In Canada, the list is commonly used for example by provincial or municipal governments to identify any publicly employed person making CA$100,000 salary or higher. [3]
The plan is a multi-employer pension plan, jointly sponsored by the Government of Ontario and the Ontario Teachers' Federation. Ontario Teachers' achieved a 11.1% one-year total-fund net return in 2021 and achieved its ninth consecutive fully funded year.
The Ontario Municipal Employees Retirement System [3] (OMERS) is a Canadian public pension fund, headquartered in Toronto, Ontario.OMERS is a defined benefit, jointly sponsored, multi-employer public pension plan created in 1962 by Ontario provincial statute to administer retirement benefits and manage pension investment funds of local government employees in the Canadian province of Ontario.
It is designed to provide up to 15 per cent of a retiree's pre-retirement income as an annual pension, adding about the same amount as the Canada Pension Plan (CPP) for those who have contributed to both plans. Employees and employers would each contribute 1.9 per cent of an employee's income up to a maximum of $90,000 of income per year.
Ontario regulates approximately 8,350 employment pension plans, which comprise more than 40 per cent of all registered pension plans in Canada [1] It was originally enacted as the Pension Benefits Act, 1965 (S.O. 1965, c. 96), and it was the first statute in any Canadian jurisdiction to regulate pension plans.
Pages in category "Ontario Teachers' Pension Plan" The following 5 pages are in this category, out of 5 total. This list may not reflect recent changes. ...
The Ontario Teachers' Pension Plan lost $19 billion in 2008. [4] Between 2008 and 2009, net assets fell to $87.4 billion from $108.5 billion. [4] In May 2016, CBC reported that the Ontario government since 2000 had given "$80.5 million to teachers' unions and the Ontario Teachers' Federation," after Ontario's auditor general performed an ...
The Elementary Teachers' Federation of Ontario (ETFO; French: Fédération des enseignants et des enseignantes de l'élémentaire de l'Ontario, FEÉO) [1] is a labour union representing all public elementary school teachers, occasional teachers, and some designated early childhood educators (DECEs) in the Canadian province of Ontario.