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At
June 30, 2012, the unfunded liability in the Teachers'
Superannuation Plan is estimated to be $5.171 billion. |
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At
June 30, 2012, there are 970 teachers who are active
members of this pension plan. |
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At
June 30, 2012, there are 11,520 people receiving
pension benefits from the Commission. All but 50 have
their funds direct deposited. |
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The
youngest member of the Plan was born on December 26, 1959. |
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The
Plan's oldest superannuate was born on December 9, 1903. |
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The
Plan's oldest survivor was born on February 13, 1907. |
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The
youngest member receiving an allowance from the Plan was
born on December 26, 1959. |
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The
youngest survivor of the Plan was born on July 11, 1956 |
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At
August 31, 2012, 20,942 teachers and superannuates participate
in the Teachers' Group Life Insurance Plan with a total
of $3.13 billion of insurance in force. |
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The Cost of Living Allowance (COLA) increase for 2013
is 1.4%. For those who began receiving payments during the 2012 calendar year, the COLA will be prorated.
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Interesting
Facts:
