News

Dental Insurance Premium Deduction - HOLIDAY
May 20, 2021

The NLTA has advised that there were significant program savings in Dental Insurance due to the impact on access to services during the Covid 19 pandemic. As a result, members and pensioners will experience a premium holiday for the month of June.
This means that there will be no deductions for dental insurance for the two pay/pension cheques in the month of June.


Thinking About Transferring your Substitute Time?
May 20, 2021

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. Transferring your substitute service would increase your pensionable service with the TPP, therefore increasing the amount of your annual pension, and in some cases, help you retire earlier.

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 be transferred to the TPP only while in a replacement or full-time position.
• The best time to transfer and/or purchase your substitute time is early in your full-time position when you have less pensionable service through the TPP.
• If additional substitute time is available to purchase 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 payroll deductions.

Reach retirement sooner & transfer your substitute time today!

For more information, please visit our website at www.tppcnl.ca . 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!


2020 Annual Report
April 07, 2021

The 2020 Teachers’ Pension Plan Annual Report is now available. This report contains detailed financial statements, information on the health of the pension plan and investments, and interesting facts about your Teachers’ Pension Plan.

Read our latest report here!


Planning to Retire in June?
March 10, 2021

If you plan to retire in June 2021, your pension application must be submitted to the Teachers’ Pension Plan Corporation by March 31, 2021. It is important to get the below tasks completed, to ensure there are no delays with your pension payments.


How to Apply

• First, you must officially provide notice of your retirement to NLESD by March 31, 2021

• Complete two forms located on our website at www.tppcnl.ca:
     •  i. Apply for Your Pension
     •  ii. Direct Deposit Authorization

• Provide copies of the following:
     •  i. Birth Certificate or Passport
     •  ii. A Void Cheque

• Return the above documents to our office through your MSS Portal on our website. If you prefer, you can send it via email, fax or mail, but the most secure and quickest method is to upload it to your documents through your MSS Portal.


Retirement is just around the corner!


For more information, please visit the Members section of our website at ‘Members’ . To discuss your pension & application process, contact us by phone at 709-793-8772 or by email at memberservices@tppcnl.ca.

Call or email us today!


Have you had a Leave Without Pay?
February 25, 2021

Did you know – during your career, if you take a leave of absence, it creates a gap in your pensionable service years? It is because during these times, you are not contributing to your Teachers’ Pension Plan. However, many types of leave may be eligible to be bought back anytime during your teaching career.
This purchase of service would give you more pensionable service, a higher pension and in some circumstances, help you reach retirement eligibility sooner. Taking this step could not only get you closer to retirement, but also to having a higher pension when you do retire.

Types of Leave That May be Eligible
• Maternity Leave
• Parental/Adoption Leave
• Authorized Leave without Pay
• Unpaid Education Leave
• Unpaid Sick Leave

Payment Methods Available
• Single payment by personal cheque or transfer from your RRSP
• Payroll deductions, if applicable, over a time frame equal to the length of the service purchased

Important Points to Note
• The best time to buy back service is within 180 days of your return to work from that leave.
• Your employer will match contributions if the purchase contract is signed within 180 days.
• After 180 days, you will pay the full actuarial amount.
• There may be income tax implications. Check with the CRA for more details regarding this.

Reaching retirement could be sooner than you think!

To discuss your options about purchasing unpaid leave, contact us at 709-793-8772 or email us at memberservices@tppcnl.ca .

Call or email us today!


Register Your Email for Updates
August 21, 2020

The TPPC is pleased to offer you the ability to register your email address so that we can provide relevant and pertinent communications in a direct and efficient manner. We encourage you to register today. It is recommended that you provide your personal email address as once you retire your ESDNL email is no longer active. We assure you that we will not overload your inbox with irrelevant email messages. Rather we will share with you any TPPC pertinent information that could benefit you or your loved ones. Return to the TPPC website home page to register.


Self Service - Designate a Beneficiary
October 08, 2019

TPPC is pleased to announce the release of new features in the Member Self Service (MSS) Portal to active TPP plan members. Using the MSS Portal, originally launched in October 2018, you can now complete, view and update your beneficiary election online. For more information on how to access the MSS Portal please go the ‘Members’ page.