All eligible members must contribute to the Ontario Teachers' Pension Plan. As soon as you start teaching, your employer will deduct pension contributions from your pay. Contributions, which are sent to us, are matched dollar for dollar by the Ontario government and participating employers on behalf of all members. Contributions are tax deductible and will be reflected on your T4 slip.
While contributions are important, your pension is based on your years of credit (your actual time worked) and average salary, not the amount you contribute.
How much do you contribute?
You contribute a percentage of your salary to your future pension. To see what you contribute to the plan:
- Check your pay stub or your T4 slip, or
- Sign in to your Ontario Teachers' account.