OPTrust

Chicago Teachers' Pension Fund Remains Leader among Pension Funds in Minority, Women and Disabled-Owned Business Enterprise Efforts

Retrieved on: 
Wednesday, October 17, 2018
Finance, Money, Economy, Pension fund, Pensions, Ontario Teachers' Pension Plan, Pension, Indiana Public Retirement System, OPTrust

CHICAGO, Oct. 17, 2018 /PRNewswire/ -- The Chicago Teachers' Pension Fund (CTPF) announced that it invested $4.5 billion, more than 41.9 percent of total fund assets, with Minority, Women and Disabled-Owned Business Enterprise (MWDBE) firms in fiscal year 2018.

Key Points: 
  • CHICAGO, Oct. 17, 2018 /PRNewswire/ -- The Chicago Teachers' Pension Fund (CTPF) announced that it invested $4.5 billion, more than 41.9 percent of total fund assets, with Minority, Women and Disabled-Owned Business Enterprise (MWDBE) firms in fiscal year 2018.
  • "Our total fund MWDBE assets have increased 525% since we first started tracking this data in the early 1990s.
  • Established by the Illinois state legislature in 1895, the Chicago Teachers' Pension Fund manages members' assets and administers benefits.
  • The $10.8 billion pension fund serves nearly 86,000 members, and provides pension and health insurance benefits to more than 28,000 beneficiaries.

OPTrust CEO calls for action in address during New York Climate Week

Retrieved on: 
Tuesday, September 25, 2018
OPTrust, The Climate Group

NEW YORK, Sept. 25, 2018 /PRNewswire/ -Hugh O'Reilly, President and CEO of OPTrust, one of Canada's largest defined benefit pension plans, delivered a call for action to investors in a keynote address during a Climate Week NYC seminar today.

Key Points: 
  • NEW YORK, Sept. 25, 2018 /PRNewswire/ -Hugh O'Reilly, President and CEO of OPTrust, one of Canada's largest defined benefit pension plans, delivered a call for action to investors in a keynote address during a Climate Week NYC seminar today.
  • The seminar, Accelerating the Path to Climate Action, was organized by MSCI in partnership with the UN supported Principles for Responsible Investing (PRI).
  • "Whether we take action or not, climate change is already having profound impacts, and markets are responding accordingly," said O'Reilly.
  • During his address, O'Reilly detailed the steps OPTrust has taken on its journey to climate action, including the release of a Climate Change Action Plan in June.

OPTrust Select recommended by Ontario Nonprofit Network (ONN)

Retrieved on: 
Monday, September 24, 2018
OPTrust, ONN, Nonprofit organization, Structure

TORONTO, Sept. 24, 2018 /CNW/ - OPTrust Select, the new defined benefit solution from OPTrust, has today been recommended by the Ontario Nonprofit Network (ONN) as the pension plan of choice for organizations in the nonprofit sector.

Key Points: 
  • TORONTO, Sept. 24, 2018 /CNW/ - OPTrust Select, the new defined benefit solution from OPTrust, has today been recommended by the Ontario Nonprofit Network (ONN) as the pension plan of choice for organizations in the nonprofit sector.
  • OPTrust Select, which launched in April of this year, was designed specifically for employers and employees in the charitable, nonprofit and broader public sectors.
  • In September 2018 the ONN's board of directors accepted the recommendation of the ONN pensions implementation task force and recommended OPTrust Select.
  • We engage our network of diverse nonprofit organization across Ontario to work together on issues affecting the sector and channel the voices of our network to government, funders, and other stakeholders.

OPTrust takes action on climate change

Retrieved on: 
Thursday, June 28, 2018
Climatology, Climate change, Physical geography, OPTrust, Global warming

It is vital for pension plans to measure the impact and manage risk, according to the Climate Change Action Plan ,issued today by OPTrust.

Key Points: 
  • It is vital for pension plans to measure the impact and manage risk, according to the Climate Change Action Plan ,issued today by OPTrust.
  • The Climate Change Action Plan contains eight areas for action that will make OPTrust more resilient and agile to meet the investment challenge.
  • The Climate Change Action Plan builds on these commitments, and will lead to a better understanding of the risks and opportunities climate change poses to our investments.
  • OPTrust's Climate Change Action Plan, along with the 2017 Responsible Investing Report and the responses to the TCFD recommendations included in the 2017 Funded Status Report, are all available at optrust.com .

Chicago Teachers' Pension Fund Maintains Policy To Divest From All Investments In Retail Assault Weapons Manufacturers

Retrieved on: 
Thursday, April 19, 2018
Finance, Money, Economy, Pensions in the United Kingdom, Pension, Personal finance, Social law, Ontario Teachers' Pension Plan, Trust law, OPTrust

CTPF Trustees continue to hold fund managers accountable for following this policy to protect teachers and students from mass violence.

Key Points: 
  • CTPF Trustees continue to hold fund managers accountable for following this policy to protect teachers and students from mass violence.
  • A pension fund weighs and balances investment risk, and the bottom line is that investing in weapons manufacturers involves intolerable reputational, regulatory, and statutory risks."
  • Established by the Illinois state legislature in 1895, the Chicago Teachers' Pension Fund manages members' assets and administers benefits.
  • The $10.8 billion pension fund serves nearly 86,000 members, and provides pension and health insurance benefits to more than 28,000 beneficiaries.