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News

  • July pension change notices for retired members available online

    July 22, 2021

    Pension change notices for July are now available in Online Services. Notices are available online only, but may be printed from your account. This notice will only be added to your account if there has been a change in your net monthly pension payment. To view your notice, register for or log in to your Online Services account and choose “My TRAF Documents.”

     
  • The 2020 Annual Report is now available

    July 15, 2021

    The 2020 Annual Report is now available. Read the report for details on governance, member services, risk mangement, funded status of the plan, cost of living adjustments, investments and more.

     
  • Pension application deadlines if you plan to retire at the end of this school year

    June 23, 2021

    If you are at least age 55 and retiring in June, in order to receive your first pension payment in July, you must submit a completed pension application with all supporting documents no later than June 15. Completed pension applications received between June 16 and July 31 will be processed for payment in August retroactive to July (In other words, you will receive two payments that month).

    A late application will result in lost income since pensions are not paid retroactively.

    Registering for Online Services is a pre-requisite for anyone who applies for pension. Register for or log in to Online Services to apply for pension and to share your completed application and other supporting documents with TRAF through our secure online platform.

    You may apply for pension up to 12 months before you want to receive your first payment. There is no need to wait to apply for your pension until you have notified your employer. It is best that you notify us of your intent well in advance of notifying your employer, and we recommend you do so at least three months in advance of your retirement date. For more information, review Apply for Pension.

     
  • Spring 2021 newsletters are available now

    April 30, 2021

    Read the spring 2021 editions of The Link (for active and deferred members) and The Horizon (for retired members). News stories include: TRAF's oldest member turns 110 years old; 2021 cost of living adjustment; 2020 investment results and more.

     
  • TRAF's office temporarily closed to the public

    April 23, 2021

    Until further notice, TRAF’s office is closed to the public.

    In-person member appointments will continue to be suspended until at least December 31, 2021. Our staff remain available to answer your enquiries by phone or email during regular business hours from 8 a.m. to 5 p.m. Monday through Friday. In July and August, our hours are 8 a.m. to 4 p.m. We also continue to accept pre-scheduled phone appointments one Saturday each month during the school year. Contact us to book your appointment for an available Saturday.

    As an alternative to dropping off documents at our office, we encourage members to share documents with us through our secure online platform. Register for and log in to Online Services for immediate access to this easy-to-use tool.

     
  • 2021 cost of living adjustment

    February 26, 2021

    Effective July 1, 2021, TRAF will pay a cost of living adjustment (COLA) of 0.73% to eligible members receiving a TRAF pension.

    To learn more, visit Cost of Living Adjustment (COLA).

     
  • Benefits statements now available

    December 2, 2020

    2020 benefits statements are now available through Online Services.

    Your benefits statement provides important information such as when you are eligible to apply for your pension, projected gross monthly pension estimates, your termination benefit and your pre-retirement survivor’s benefit. It also confirms your beneficiary designation in the event you pass away before your pension begins.

    Log in or register for Online Services to review this important information.

     
  • The importance of investment returns to the pension plan

    November 24, 2020

    A significant advantage of defined benefit pension plans like TRAF is the long-term compounding of investment returns on contributions. Learn more.

     
  • Current contact information required for electronic deposit of pension payments

    April 21, 2020

    In order for you to receive electronic deposit of your pension payments, TRAF must have a current mailing address, email and phone number. It is imperative that you keep us fully informed of any changes to your contact information.

    If your mail is returned to TRAF undelivered, we will attempt to contact you by email and by telephone for an address update. If we are unsuccessful, you will no longer be eligible for the electronic deposit of your pension payments. Your monthly pension cheques will be printed and held in our office until contact has been re-established.

    Register for and log in to Online Services and click "Account Profile" to update your information.

     
  • Online Services registration required

    March 27, 2020

    While we encourage all members to register for Online Services, registration is now a pre-requisite for anyone who applies for pension.

    Registering for Online Services includes many benefits: active members can view their benefits statements and retired members can review their pension payments. But most importantly, it is simple, safe and secure and allows you to access your personal information anytime.

    Register today, and contact us if you have any questions.