As the Board of Directors of the TTC Pension Plan, one of the main questions we keep coming back to is: What lies ahead for the Plan? With so much uncertainty in today’s economy, it’s more important than ever to make sure the Plan stays strong, steady and ready for whatever the future brings.
Our role is to provide oversight, guidance and support to the management team as they work to ensure our members receive secure pensions throughout their retirement years. We take that responsibility seriously — and it means looking not just at where we are today, but where we need to be tomorrow.
A significant part of that future-focused work this year involved selecting a new CEO to lead the organization through its next chapter. We’re pleased to welcome Heather Wolfe as the new Chief Executive Officer of TTCPP. Heather brings a wealth of experience and a people-first approach that aligns perfectly with our mission. Her focus on sustainability, accountability and open, honest communication will play an important role in helping the Plan grow and move forward.
We also extend our heartfelt thanks to James Clarkson, our Chief Financial Officer & Treasurer, who provided thoughtful and capable leadership during this time of transition. James was instrumental in keeping the Plan on track as we navigated this important period.
Looking ahead, we’re focused on shaping the direction of the Plan for the next five years. That means taking a close look at how we work, how decisions are made and how we can improve the way we serve our members. An important part of this process is modernizing our pension administration system — a project that will make it easier for members to access information and get the support they need, when they need it.
Above all, we are here to represent you. The Board is made up of 10 voting members, with equal representation from both the Toronto Transit Commission and the Amalgamated Transit Union Local 113. Many of us have walked in your shoes or have worked closely alongside you, and that experience helps us keep your needs and perspectives front and centre in everything we do.
We are committed to ensuring the team we’ve assembled is fully dedicated to supporting you — every day, in every way — as we look toward the road ahead.