Retirees Enjoy Social Connections on First Day of School, THWTB!
Retirees Enjoy Social Connections on First Day of School, THWTB!
Further to our article in the November edition of the RTO Newsletter, we include the full article here and worksheets for you to fill out so you have all of your documents listed and where they are.
Please click here to open and either download or print out.
This program is offered by Kawartha Lakes Sports and Recreation Council so if you want to become involved by joining with others of like minds and bodies and get fit at the same time, read further.
Program participants will have the opportunity to participate in up to six activities in the spring and summer of this year.
The community support agencies and activities are:
Thanks to a Trillium Foundation Grant obtained through the Kawartha Cycling Club, enrolment costs for the 7-month program have been kept low at only $30 – $70 depending on the number of activities you wish to try.
All activities are being offered with adaptive options, including modified rules and/or adaptive equipment and will be of special interest to older adults, persons with disabilities, or adults who are getting active again.
This pilot project is centred in Fenelon Falls and is open to all residents of the City of Kawartha Lakes.
For more information on the activities or to register, please visit https://klsrc.ca/find-an-activity/active-again/
The Ontario Teachers’ Federation (OTF) and the Ontario Government, joint sponsors of the $175.6 billion Ontario Teachers’ Pension Plan (Plan), will use a portion of the $11.5 billion surplus in the Plan (as of January 1, 2017) to complete the restoration of inflation protection for teachers who retired after 2009. As well, the contribution rate for the Plan’s active members will be reduced by 1.1%. Both changes are effective January 1, 2018.
Conditional inflation protection has proven to be an effective tool for managing Plan deficits and now, for the fourth year in a row, the sponsors will use some of the surplus to finish the restoration of indexing that pensioners lost in recent years,” said OTF President Mike Foulds. “In addition, the Plan’s active members will enjoy a 1.1% reduction in the contribution rate. The remainder of the surplus will be kept in reserve to provide benefit and contribution rate stability against future funding challenges such as low interest rates and increasing longevity, both of which increase the Plan’s liabilities.
Pensioners who retired after 2009 will receive a one-time increase in January 2018 to restore their pensions to the levels they would have been at, had full inflation protection been provided each year since they retired. They will also receive a slightly higher inflation increase next year for the portion of their pensions earned after 2009. Cost-of-living increases for this portion of pension credit will equal 100% of the annual increase in the Consumer Price Index (CPI), up from the current level of 90%. Pension credits earned before 2010 remain fully inflation-protected.
Active Plan members will enjoy a 1.1% reduction in the contribution rate they pay to the Plan.
Last March, Teachers’ reported its fourth surplus in a decade. A preliminary funding valuation showed that the Plan was 105% funded at the beginning of 2017, based on current benefits and contribution rates.
For more information on these changes, please go to www.otpp.com.
District 18’s annual “Chickadee Luncheon” initiated 16 years ago by former past-president Louise Cooper was held this year at Heather Lodge in Carnarvon.
Our lunch was absolutely delicious–start to finish and beautifully presented and served by a very attentive and accommodating staff.
The door prize, a charming stained-glass hummingbird was donated by VP Roberta Fuller and created by her sister. Georgiena Boyle won the prize.
After lunch, our guest speaker, Sheila Ziman, gave a short presentation about our county’s initiative in sponsoring the relocation of a refugee family. Sheila let us know that there are many ways of helping, given our abilities.
Many thanks to our members from Kawartha Lakes and Tony Dymott who braved the brutal temperatures to attend.
President’s note: Cheryl provided valet service to help members park and manoeuvre their way to the lodge.
Further to the presentation at our Annual Senate this week, this is to confirm that the courts have granted U.S. Steel’s request to terminate benefits, effective October 9, 2015, for retirees of the former Stelco. U.S. Steel is also suspending employer contributions to the pension plan. Many of these retirees have spouses in the education sector and would be eligible to join RTO/ERO and our Insurance Plans.
The Chair of our Member Services Committee, Joanne Weeks, has reached out to the union local with this information, and they have agreed to communicate this to their local members!
Realizing that not everyone may see the message from the union, please reach out to any retiree you know who may be eligible as a member. They can join RTO/ERO and our insurance plans without medical evidence, so long as they do so within 60 days of the termination of the U.S. Steel Plan. Please note that no matter when the retiree applies during this 60 day period, RTO/ERO coverage is effective on October 10, 2015 to ensure that they have continuous coverage.
RTO/ERO applications can be downloaded and printed from the following links (if the link does not work then cut and paste into your browser):
If they have any insurance questions next week, the service team at Johnson would be pleased to answer any questions they may have. Their toll-free telephone number is 1-877-406-9007. Of course, our membership team can be reached at 1-800-361-9888.
FROM: SIMON LEIBOVITZ and LORI MACDONALD-BLUNDON
Privacy is paramount when running an organization. Only individual RTO members can authorize changes to addresses with RTO’s head office. Your district executive cannot. Many addresses are incorrect on our lists. If you have a change to report such as the deletion of a rural route number or the change of a postal code, contact Kelly MacDonald at 1-800-361-9888 Ext. 243 or Dianne Vezeau at email@example.com.
We want you to receive all our communications. The post office can only deliver if we have accurate lists and addresses from head office. Our district is moving to providing continuous and timely communications with members by the use of electronic emails. We have email addresses for 1/3 of our members. For you to be kept up to date on current happenings around the district, sign on to the electronic email system at the right on this site for up to date notices.
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