Ontario Teachers' Pension Plan Board (OTPPB)

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Definition of 'Ontario Teachers' Pension Plan Board (OTPPB)'

The Ontario Teachers' Pension Plan Board (OTPPB) is a public pension plan that invests the pension contributions of Ontario's teachers. The plan is one of the largest pension plans in Canada, with over $200 billion in assets under management.

The OTPPB was established in 1965 by the Ontario Teachers' Federation. The plan is governed by a board of trustees, which is made up of representatives from the Ontario Teachers' Federation, the Ontario government, and the public.

The OTPPB invests its assets in a variety of financial instruments, including stocks, bonds, and real estate. The plan's investment strategy is designed to generate long-term returns that will help to ensure the financial security of its members.

The OTPPB is a significant contributor to the Ontario economy. The plan's investments help to support businesses and create jobs in the province. The plan also provides financial support to its members, who are among the highest-paid teachers in Canada.

The OTPPB is a well-respected pension plan that has a long history of success. The plan is a valuable asset to the Ontario economy and its members.

In addition to its role as a pension plan, the OTPPB also plays a number of other important roles in the Ontario economy. The plan is a major investor in the province's infrastructure, and it has also provided financial support to a number of charitable organizations. The OTPPB is also a leader in the field of pension management, and it has developed a number of innovative investment strategies that have been adopted by other pension plans around the world.

The OTPPB is a valuable asset to the Ontario economy and its members. The plan's long history of success, its commitment to investing in the province's infrastructure, and its support for charitable organizations make it a key player in the province's economic future.

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