The United Way Greater Toronto introduced a defined benefit pension plan in 1965 and moved to a hybrid plan in 1990. While the DB side was fully paid by the employer, the defined contribution component allowed employees to contribute up to four per cent of their annual salary with a 50 per cent employer match. […]
The OPSEU Pension Trust has published its latest responsible investing report, highlighting a number of initiatives it’s undertaken in the past year. In 2019, the pension fund expanded its holdings in green bonds with a $100-million investment in such issuances from the Ontario government. It also received an A+ rating from the United Nations’ principles […]
The OPSEU Pension Trust has released a responsible investing report, highlighting a number of sustainability initiatives it has undertaken in the past year. In 2019, the pension fund expanded its holdings in green bonds with an $100-million investment in Ontario government green bonds. It also received an A+ rating from the Principles for Responsible Investment […]
The coronavirus crisis is putting new stresses on businesses as they grapple with cash flow and business continuity, but even amid such uncertainty, some employers are still looking to join defined benefit plans. The Colleges of Applied Arts and Technology pension plan is continuing to see interest in its DBplus offering, with the coronavirus crisis […]
Across the country, public pension plans are releasing statements to assure members that their defined benefit pensions are secure and that they’re taking measures to protect the health and safety of their own staff. The Colleges of Applied Arts and Technology pension plan said it regularly tests operations and will continue to make pension payments. […]
The OPSEU Pension Trust saw a strong 2019, ending the year with an 11.2 per cent net investment return and maintaining its fully funded status. The plan’s total assets grew from almost $20 billion of net assets in 2018 to almost $22 billion in 2019, according to its 2019 funded status report. In other highlights from […]
While the OPSEU Pension Trust has been focused on responsible investing for some time, it’s bringing its sustainability activities to the next level with the introduction of a sustainable investing and innovation team. Launched in late 2019, the team’s responsibilities will include continuing to strengthen the organization’s traditional responsible investing activities. It will also have […]
While the OPSEU Pension Trust has been focused on responsible investing for some time, it’s bringing its sustainability activities to the next level with the introduction of a sustainable investing and innovation team. Launched in late 2019, the team’s responsibilities will include continuing to strengthen the organization’s traditional responsible investing activities. It will also have […]
Against a backdrop of uncertainty, the OPSEU Pension Trust is guided by an investment strategy with certainty at its core. In 2015, the plan introduced what it calls a member-driven investing strategy, which is all about efficient risk allocation and earning the returns required to pay pensions at the lowest possible risk. “That’s different from […]
As part of a group of investors, the OPSEU Pension Trust is entering into a long-term leasing transaction with Google. The agreement will see the technology company lease 400,000 square feet of Toronto office space at 65 King St. East in 2021. The move will allow Google to consolidate its current Greater Toronto Area offices into one […]