The Ontario Teachers' Pension Plan must have sufficient assets to meet its long-term pension obligations to members. Ontario Teachers' Federation and the Ontario government set contribution and pension benefit levels based on the plan's funding status.
At January 1, 2021, the plan had a preliminary surplus of $8.5 billion based on an average contribution rate of 11% and 100% inflation protection being provided on all pensions.
Answers to your inflation questions
Find out what three factors determine your annual inflation adjustment.