Ontario Retired Teachers Health Insurance - The Napanee branch has 34 active members and three associate members. We welcome all retired female teachers living in our area to join us. For more information contact Beryl Jacka, president, at [email protected].
The main charity run by the Napanee Branch is Tales for Tots. We began in 2005 providing every newborn in Lenox and Addington County with an early learning kit. Each kit contains two board books suitable for babies and toddlers, a music CD, a book of songs and finger games and a variety of booklets that encourage early literacy skills. These materials are packed by our members after our meetings and delivered by Kingston, Frontenac Lenox and Addington public health nurses. Every baby born in Lennox and Addington County receives one of these bags of beginner books and music to give them a great start in listening, speaking and singing. Our hope is that by providing these early learning materials to first-time mothers, children who may not otherwise be exposed to learning materials before entering kindergarten will now have a chance. To date, 2193 kits have been distributed and 75 kits were assembled at the August 21 meeting to meet ongoing needs. More production of the kits is guaranteed as we have just bought 250 new bags and have some cash left in the bank to supply new books.
Ontario Retired Teachers Health Insurance
During the first pandemic we gave a personal Christmas gift to each member. The gift bags contained masks, tea bags, chocolates, candy bars, homemade jam and Christmas napkins. A letter was included wishing everyone a safe and happy Christmas and the organizers were very pleased with the way the gifts were delivered.
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As the rules surrounding the meeting collapsed, we had several personal meetings, the last of which was held at St. Mary Magdalene Church in Napania. As with many gatherings of our peers, these meetings often include food. We recently had a lunch meeting at the aforementioned church hosted by Elena's Cafe in Napanee. At the meeting, Maria Sebelsky from Napaniya updated us on a personal level about the situation in Ukraine. Maria has lived in Canada since she was six years old and came here as a refugee from Ukraine with her family in 1949. He was representing the Canadian Social Services Association of Ukraine which has been providing assistance to Ukraine for many years and continues to do so. Many members took this opportunity to donate to the organization, wondering how they can help the people of this war-torn country.
Our organization also provides support to local services and groups such as the Greater Napanee Artists' Association, Morningstar Mission, a local hospice group, the L and A County Hospital Foundation and Senior Outreach Services.
Our meetings are always bright, happy occasions that leave us feeling refreshed, useful and involved. Please check this site for information about our upcoming events and plan to join us.
Members of the Napanee Branch are invited to attend the spring meeting of the Kingston Branch at:
Health & Insurance
Betty Jean Kippen's home at 27 Frink Ave. at Amerstview on Wednesday. June 1 (rain date June 2) at 12:30 p.m
If you are reading this for the first time and are a retired teacher living in the Napanee area, please contact our president, Beryl Jacka at [email protected] for information and directions. I hope to see many of our members at this event.
On the first day of the 22-23 school year, members of the Napanee branch had a free morning and joined their friends for lunch at a local restaurant. President Beryl Jacka updated us on plans for next year's convention, the activities of some of our members such as a charity walk to benefit a local hospice and our support of local artists. Plans are underway for future meetings, so check this space for times and locations. Fall well. (I was going to say 'I have good credit' and then think better of it.')
The wonderful gardens of Kingston president Betty Jean Kippen was the joint branch meeting on June 15. The meeting was attended by about a dozen members and each branch was equally represented. We were able to enjoy some time outside in the flower and vegetable gardens before the showers brought us indoors where we were able to enjoy a "set" lunch. District 8 Director Joanne Gamble was able to join us. One of his most enjoyable tasks was presenting a meaningful birthday certificate to Kingston Branch member Ethel Kane. The happiness of being together was evident in the smiles and conversations that were seen. % of the year. Net assets reached $221.2 billion as of December 31, a $13.8 billion increase from a year earlier. Ontario teachers received $18.0 billion in investment income in 2020.
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"Our portfolio has proven to be very strong during a turbulent year. Through the global pandemic and the volatile investment landscape, we have delivered strong financial results and high levels of service to our members," said Joe Taylor, President and Chief Executive Officer. The ability to navigate the many challenges posed by 2020 has been strengthened by the skills, courage and application of our team, which shows a bright future despite the uncertainty of the market. "
As of January 1, 2021, the plan is fully funded for the eighth consecutive year with an initial surplus of $8.5 billion using prudential projections, with 100% inflation protection provided for all pensions. The plan's funding ratio was 103%.
As of December 31, 2020, Ontario Teachers had a total fund return of 9.6% since inception. The five and ten year returns are 7.0% and 9.3% respectively.
"The pandemic has highlighted the importance of sound portfolio diversification across different assets, locations and sectors," said Ziad Hindo, Chief Investment Officer "Our strong results were the result of stable income exposure and excellent performance across our public and private equity classes."
Retired Teachers Insurance Plan
1 Net investments, which include investments less liabilities related to investments as of December 31, 2020. The consolidated statements of financial position exclude all other assets and liabilities.
The fund's total return was 9.4%. Ontario Teachers' invests heavily in global currencies and in more than 50 countries, but reports assets and liabilities in Canadian dollars.
"I want to personally thank the entire Ontario Teachers team for their tireless efforts in 2020. I am very proud of what we have accomplished and how we have navigated this pandemic while delivering our core investments and member service activities. For the balance of 2021, we remain focused on service delivery to our members, and to continue to strive for investment excellence and leave a lasting and positive impact on the world,” said Taylor.
The Ontario Teachers' Pension Board is Canada's largest pension plan administrator, with $221.2 billion in net assets (all figures as of December 31, 2020). It owns a portfolio of globally diversified assets, approximately 80% of which are internally managed, and has achieved a total fund return of 9.6% since the plan's inception in 1990. Ontario Teachers' is an independent union headquartered in Toronto. . Its Asia-Pacific regional offices are in Hong Kong and Singapore, and its Europe, Middle East and Africa office is in London. The fully funded defined-benefit plan invests and manages the provincial pensions of Ontario's 331,000 active and retired teachers. For more information, visitotpp.com and follow us on Twitter@OtppInfo.
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About Ontario Teachers' Ontario Pension Plan Board Board (Ontario Teachers') is a general investor with net assets of $242.5 billion as of June 30, 2022. We invest in more than 50 countries in a wide range of assets including public and private equities. . , Fixed Income, ... Note: These plans are available to members/members in good standing and those members, with existing coverage, will continue to be covered if they continue to pay their monthly premiums when due.
Our insurance program is often cited as one of the most important benefits of OERO membership. With more than 3,000 members already enrolled in the program, we are happy to support and recommend the Hospital and Home Care Plan and the Accidental Death and Dismemberment Plan.
Most of us hope that we can successfully avoid medical problems, but as we enjoy our retirement years, the reality is that many of us will face the physical and financial stress that comes with recovering from an accident, major surgery or illness.
Whether it's from sleeping in the shower, knee surgery or an illness that lands you in the hospital, recovery and recovery are not only physically uncomfortable, but they can be expensive. A hospital and home care plan helps you cover most of the associated costs
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