Thinking About Transferring your Substitute Time?
May 30, 2024

Substitute teachers can transfer their contributions with the Government Money Purchase Plan (GMPP) to the Teachers’ Pension Plan (TPP) only when in a replacement or full-time position.

Important to Note

• Your GMPP funds are currently held with Canada Life (formerly Great West Life) and not with the Teachers’ Pension Plan.
• GMPP funds and pensionable service can only be transferred to the TPP while in a replacement or full-time position.
• The best time to transfer and/or purchase your substitute time is early in your career when you have less pensionable service in the TPP.
• Your pension is based on years of service and salary, so transferring your substitute time could help you reach your retirement goals sooner.
• If additional substitute time is available to transfer and you do not have enough GMPP funds, you will be given the option to purchase the time with your personal funds, RRSP funds or through payroll deductions.
• You can transfer different blocks of substitute time to the TPP many times throughout your career, if applicable.

Transferring your substitute service would increase your pensionable service with the TPP, thereby increasing the amount of your annual pension, and in some cases, help you retire earlier.
Transfer your substitute time today & reach retirement sooner!

We can tell you the pensionable service you will receive in transferring your funds and the cost to buy any further service available to you. To find out more about transferring substitute time, contact us at 709-793-8772 or email .

Call or email us today!

The 2023 Annual Report is now available!
May 08, 2024

Despite ongoing uncertainty in 2023, the Plan’s investment results rebounded significantly with returns contributing positively to the Plan’s long term sustainability. Some of the highlights noted in the Annual Report include:

 •   A net investment return in 2023 of 8.8% that exceeded the Plan’s 6.0% discount rate

 •  4-year and 10-year net annualized returns of 7.2% and 7.9%, respectively

 •  The Plan’s healthy funded ratio at 118.1% (as at December 31, 2023), and

 •   Fully funded for the 7th year in a row

With unwavering vision, we are your Teachers’ Pension Plan Corporation of Newfoundland and Labrador.

If you have any questions about the 2023 Annual Report or the Plan, we’re here to support! Please contact us toll free at 1-833-345-8772, or email

Call or email us today!

Group Insurance Rate Changes for 2024/25
April 04, 2024

You will see increases in the deductions for your Health and Dental Insurances as well as a very small increase in your Basic Life Insurance premiums, depending on your coverage. If you have Retiree Post-65 Life Insurance, you will note an increase of $0.66 per pay period in that cost.

These changes in premiums will be reflected on your semi-monthly pension payments beginning April 15th, 2024.

Please see below for the rate changes on health and dental premiums.

     •  Single Coverage Health from $74.00 to $85.67 (an increase of $11.67)
     •  Family Coverage Health from $117.06 to $137.12 (an increase of $20.06)
     •  Single Coverage Dental from $23.01 to $25.89 (an increase of $2.88)
     •  Family Coverage Dental from $46.23 to $52.03 (an increase of $5.80)

For further information related to the rate changes on your group insurance, visit the NLTA website.

If you have any questions for our team at the Teachers’ Pension Plan Corporation, please contact us toll free 1-833-345-8772, or email

February 19, 2024

We are excited to announce the gradual rebranding of Johnson to belairdirect. Together as belairdirect, we will be able to offer you an even more seamless customer experience, with local knowledge and understanding from the same teams you know and trust. You’ll also gain access to a new suite of advanced digital tools.

Please note that, as part of this change, belairdirect will be simplifying payment plan options for members and the option to pay for your home and auto insurance with payroll deduction will no longer be available once your policy renews. Rest assured, belairdirect is committed to providing you with added flexibility on how and when payments can be made, and a belairdirect insurance agent will be in contact with you to discuss your new payment options before your renewal date. If you have any questions or would like to contact belairdirect, you can reach a licensed agent by calling 833-986-1484.

At this time, there is no change to any of the NLTA Group Insurance Plan policies. The initial brand change has begun for home and auto insurance only, with Group Benefits and Travel to follow at a later date. Members will continue payroll deductions for all the policies managed under the NLTA Group Insurance Plan, including after rebranding occurs.

Being a Pension Plan Member (A New Video)
October 10, 2023

Why is being a member of the Teachers’ Pension Plan of Newfoundland and Labrador a big deal? Because when you retire, you’ll receive a secure, predictable monthly pension– paid to you for life!

Embrace the new school year with confidence by learning how to make the most of being a pension plan member – our latest video spells it all out in just a couple minutes!

And, that two-minute investment could earn you the knowledge needed to ensure you aren’t missing any opportunities to:

 •  Make your pension at retirement a little higher than it might otherwise be;

 •  Retire earlier than you thought you could;

 •  Plan for retirement according to your personal financial retirement goals (hint: our myPENSION portal can help!)

With those kinds of returns on your two-minute investment, why wouldn’t you take the time to watch now ?

Getting to know myPENSION. Because, it’s your pension
May 15, 2023

In our communications to our members, we highlight the key features of myPENSION and encourage you to register for access to this secure member portal.

We explain that myPENSION is like a window to your financial future, and that the available information, tools and resources will enable you to see the role your Teachers’ Pension Plan pension will play in your financial retirement future.

But, we know not everyone likes pension details as much as we do, and that sometimes a visual story is much more convincing than a list of words on a page. So, we created a short video to introduce you to some key myPENSION features, making it easier for you to see what’s behind the secure login screen.

Curious to learn more? We’re excited to show you!

Visit today, then register for access.

Registering for myPENSION access couldn’t be easier!

To access myPENSION and experience its features in real-time, click the green myPENSION button above on our website and follow the on-screen instructions (if you haven’t already).

If you run into any issues when trying to register or sign in to myPENSION, we’re here to help.

   •  Email:
   •  Phone: Local: 709-793-8772 Toll Free: 1-833-345-8772