Message from the PFS President and Vice President4/28/20 8:47 AM
TTC Pension Fund Society Members:
We have all been challenged, at work and at home, by COVID-19 and its ripple effects on consumers, businesses and financial markets. You are not alone if you are concerned not only about your health and well-being, but also about your pension plan and financial security. We want to reassure you that your pension plan continues to be managed, as always, with your benefit security and long-term sustainability as the top priorities.
The pension plan’s investment portfolio is diversified across multiple asset classes, countries and industries. All plan assets are managed by investment professionals under the close watch of the Pension Fund Society Board, who will continue to vigilantly monitor the plan’s assets and financial situation. To date, the pension plan has absorbed the unprecedented recent market volatility while remaining well within its targeted financial integrity limits.
As communicated earlier this month, the Pension Fund Society’s 2019 Annual General Meeting has been postponed, tentatively to September 2020. During the intervening time, the Board will continue to monitor markets closely to ensure that it has the most complete information possible when assessing the appropriateness of potential benefit updates. A final decision regarding benefit updates will be reached prior to the Annual General Meeting.
Employees can calculate their pension by accessing the estimator through The Coupler (Pension Estimator link found on the bottom menu bar). The Pension Estimator lets you calculate as many estimates as you wish. The PFS will be sending out the 2019 Annual Entitlement Statement in June. We recommend that you use the information provided to you in your most recent Annual Entitlement Statement to simplify your data entry and increase your accuracy in the Pension Estimator. As always, staff are available to answer any questions that you may have, feel free to reach out to the Pension Office at email@example.com.
TTC Pension Fund Society
TTC Pension Fund Society
Advancing to the next level.
COVID-19 positive tests update.
Deadline extended to September 30.
Chislett, Cotter, Delay, Ferrante, Fraser, Lobe, MacDonald, Marks, Melville, Moores, Moritz, Quesnelle, Robarts, Sferra, Shepherd, Snelgrove, Thomas, Westlake, Wilcox, Young, Zilli.
TTC 1921-2021. On September 1, 1921, the Toronto Transportation Commission began serving the citizens of a rapidly growing Toronto when it took over a mix of private and municipal street railways within the city.
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From the Archives
- Wheel-Trans working non-stop to help keep our customers, staff safe, 31/08/2020
- Message from the Chief Executive of the TTC Pension Fund Society, 12/08/2020
- How Wheel-Trans Operators are helping Covid-positive patients get medical care, 12/05/2020
- Message from the PFS President and Vice President, 28/04/2020
- Message from the Chief Executive of the TTC Pension Fund Society, 09/04/2020
- Tough choices need to be made, 13/12/2019
- TTC Rockets reach cricket finals, 08/07/2019
- Message from the Chief Executive of the TTC Pension Fund Society, 12/06/2019
- Line 2 East Extension update, 13/02/2019
- TTC cricket celebrates another exciting season, 28/08/2018