TPPC is pleased to announce the release of the 2023 Annual Benefit Statements to the myPENSION portal for active TPP members. As we advised last year and in our letter to you earlier this year, your Annual Benefit Statement is ONLY available online through myPENSION. Not only does online access to your annual statement enable you to easily access pension details at your own convenience, but it also enables us to remain ecologically and economically responsible in our administration approach.

Your Annual Benefit Statement is a valuable document, as it provides you with detailed information about your Defined Benefit Pension. Your retirement date and pension amount are based on the personal information we have on file for you, including your salary and service information, so we want to make sure those details are correct.

To access your Annual Benefit Statement, you must be registered for myPENSION access. Just click the green myPENSION button on this website and follow the on-screen instructions (if you haven’t already).

If you have any questions on your statement, or if you run into any issues when trying to register or sign in to myPENSION, we’re here to help.

   •  Email: memberservices@tppcnl.ca
   •  Phone: Local: 709-793-8772 Toll Free: 1-833-345-8772

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 www.tppcnl.ca/InformationalVideos 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: memberservices@tppcnl.ca
   •  Phone: Local: 709-793-8772 Toll Free: 1-833-345-8772

You will be required to set up and use Multi-Factor Authentication (MFA) the next time or the first time that you log in to myPENSION. It is an additional layer of security to your user ID and password, requiring you to enter a 6-digit code provided to you personally through text, phone call or email.

Important to Note

   •  After first log in you will be asked to enter your phone number (mobile or landline) and an email address.
   •  You will then choose a method to receive a 6-digit verification code, by text, phone call or email.
   •  You will be provided the verification code by the method you chose.
   •  The code must be entered within 10 minutes of receipt.
   •  You can choose to “Trust this device” for 90 days. If checked, you will only have to enter User ID and Password each time you visit when using that device to log in. If unchecked or if you use another device, you will have to verify access using the method you selected for MFA at each log in.

Compromised passwords are one of the most common ways that bad guys can get at your data, your identity, or your money. Using Multi-Factor Authentication is one of the easiest ways to make it a lot harder for them. The extra security comes from the fact that somebody trying to break into your account is probably not using your device, so they'll need to have that second factor to get in.

We are here to support you. If you need any assistance or have any questions about this Multi-Factor Authentication, contact us toll free at 1-833-345-8772 or email memberservices@tppcnl.ca.

Call or email us today!

You likely know that 2022 had us experiencing rising interest rates, inflation, and global geopolitical tensions. However, in the 2022 Annual Report, you’ll see that your Teachers’ Pension Plan of Newfoundland and Labrador steadfastly weathered these ups and downs with:

 •  An investment return that exceeded its benchmark portfolio; and,

 •  The plan’s healthy funded ratio at 113.3% (as at December 31, 2022).

After reviewing the report and our 2022 results, we encourage you to dive in to our enhanced website featuring:

 •  A new look that makes it easier for you to find the information you need;

 •  A new investment-focused section; plus

 •   A new name for your Member Self Service Portal: myPENSION.

 Hint: To access myPENSION, just click on the link above and register (if you haven’t already). Then, check out the tools and resources available to help you learn more about your financial future.

Security. Trust. Confidence.

We are your Teachers’ Pension Plan Corporation of Newfoundland and Labrador.

If you have any questions about the 2022 Annual Report, the website and its enhancements or the plan, we’re here to support! Please contact us toll free at 1-833-345-8772, or email memberservices@tppcnl.ca.

Call or email us today!

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!

To discuss your options about transferring substitute time, contact us by phone at 709-793-8772 or email us at memberservices@tppcnl.ca .

Call or email us today!