​On March 31, 2020, ATRF and PSP Investments completed the acquisition of all the 30,000,000 common shares of ACI. The Purchaser acquired each common share for $33.50, for total consideration of $1.005 billion. Click below to read the full news release.

Recently, the Government appointed a new board member to fill a vacant board position. We want to warmly welcome Tim Wiles as our newest Board Member.

Tim is the President and CEO of the Credit Union Deposit Guarantee Corporation and has been a valued member of numerous, related boards over the years including AIMCo and the Public Sector Pension Plan. Tim has also spent nearly 25 years with the provincial government, including seven years as a Deputy Minister. His experience and expertise will be an asset to ATRF.

We are also pleased that Board Member Maria Holowinsky's term has been renewed for another three years. Maria has been a Board Member since 2017 and is an invaluable member of the team.  

​ATRF is proud to have been selected as one of Alberta's Top 75 Employers for 2020. This is the fourth consecutive year the organization has been recognized as an employer that leads their industry in offering an exceptional workplace for employees.

If you've had a chance to read the 2018-19 Annual Report or highlights, you may have noticed that the ATRF Board was able to reduce the contribution rates for both the Teachers' Pension Plan (TPP) and Private School Teachers' Pension Plan (PSTPP). For the TPP, contributions will be reduced by 1% of teachers' salaries and for the PSTPP, 0.54%. This reduction will take effect September 1, 2020.

​ATRF is building on a solid foundation of high-quality member services and exceptional returns. 

Inside this year's annual report:

• Further reductions to contribution rates as a result of a strong investment returns, prudent planning and sound pension management (pg. 35)

• ATRF's commitment to strong investment returns while maintaining stable funding (pg. 41, 49)

• Important messages from our Board chair (pg. 9) and CEO (pg. 13)

• An increase to the funded status of the Teachers' Pension Plan (pg. 34)

• Continuous improvements to the way we provide services to members through Project Lantern (pg. 28)

• An overview of our most interesting investments this year (pg. 46-47)
  

Only have a few minutes? Take a look at our annual report highlights—a condensed version of the annual report that will highlight what ATRF has accomplished this year. Happy reading!

​ATRF Has Begun Mailing Statements for the Year Ending August 31, 2019

Once employers have completed reporting for the school year, ATRF prepares and mails out Annual Plan Member Statements to the applicable teachers. The first run of statements, for the year ending August 31, 2019, were mailed out on December 19, 2019 and other mailings will go out between now and March, 2020. Go to this web page to view the statement mailing dates.

​The December issue of the Pension Points newsletter is now available! Check your email inbox for the full version. If you missed it, you can click here to view the articles. If you're not on our email list, make sure you sign up on  MyPension or contact member@atrf.com.

​​​Your monthly contribution to the Plan is integrated with your contribution to the Canada Pension Plan (CPP) and takes the YMPE into consideration. The YMPE is the year's maximum pensionable earnings covered by the CPP. The YMPE for 2020 is $58,700. The Defined Benefit limit set by Canada Revenue Agency is $3,092.22 in 2020; therefore, the maximum pensionable salary will be $172,221 for 2020.