Your defined benefit pension plan is built to stay strong in all situations.
We understand that recent news about potential tariffs and the ups and downs in the markets may cause some concerns about your pension. Here’s what you need to know:
Your Pension is Secure
TTC Pension plan (TTCPP) is a defined benefit (DB) pension plan. Unlike plans where your pension depends on the amount of money in the plan, your TTCPP pension is based on your earnings and years of service. This means your pension is not directly impacted by things that happen in the market, like potential tariffs.
The health of a DB pension plan is measured by its funded status – which compares a plan’s assets to its obligations (i.e. pensions). TTCPP remains fully funded*, which means there is enough money in the plan to pay pensions.
The Value of the TTC Pension Plan
A DB plan like TTCPP can provide greater security than other retirement savings options like RRSPs and defined contribution (DC) plans. With TTCPP, you get a predictable, steady income in retirement, providing peace of mind for you.
Committed to Long-Term Stability
At TTCPP, we focus on long-term stability and growth. We have a dedicated investment team actively managing the plan’s assets to make sure pensions can be paid to our members. We manage our investments by building a well-balanced portfolio and closely monitoring it. This strategy helps protect your retirement income over time.
We’ve Got You Covered
Whether you are active, inactive or already retired, your pension is in good hands. We remain committed to our vision: to always be there for our members today and for a lifetime.
*Going-concern basis, excludes provision for future benefit increases. As a reminder, there is no contractual obligation to provide benefit improvements and future Plan enhancements are not guaranteed.
We’re always here to help.
membercare@ttcpp.ca
Phone
1-800-663-6820
Monday to Friday, 8 a.m. to 4 p.m., ET
2 Bloor Street East, Suite 1901, PO Box 79, Toronto, Ontario M4W 1A8