OPTrust Remains Fully Funded for 12th Consecutive Year : vim

OPTrust Remains Fully Funded for 12th Consecutive Year


OPTrust Remains Fully Funded for 12th Consecutive Year
TORONTO, March 9, 2021 /PRNewswire/ -- OPTrust today released its 2020 Funded Status Report,
Taking Care, which details the Plan's financial results and fully funded status. In 2020, OPTrust achieved an investment return of 8.9 per cent and lowered its discount rate. Membership in OPTrust Select, the defined benefit offering for Ontario's nonprofit, charitable and broader public sectors, continues to grow. This ensures more frontline workers and essential service providers will have access to a secure, predictable retirement.
"Every day, the team at OPTrust takes care of members and their financial future in retirement, just as our members have cared for many Ontarians in their roles as public servants and nonprofit workers," said Peter Lindley, President and CEO of OPTrust. "These workers fulfill some of the most essential services in our communities and the OPTrust team is focused on their well-being in retirement."

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