News

• Annual statements now available

  December 1, 2021

  2021 annual statements are now available through Online Services.

  Your annual 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.

   

• November pension change notices for retired members available online

  November 23, 2021

  Pension change notices for November 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.”

   

• Fall 2021 newsletters are available now

  October 28, 2021

  Read the fall 2021 editions of The Link (for active and deferred members) and The Horizon (for retired members). News stories include: Rules for relationship breakdowns changed October 1, 2021; Funding valuation results; July 2021 retirement statistics and more.

   

• Rules for relationship breakdowns changed October 1, 2021

  October 15, 2021

  Effective October 1, 2021, various changes to provisions of The Pension Benefits Act (PBA) came into effect through proclamation of Bill 8, The Pension Benefits Amendment Act. While many changes were made, only one impacts your TRAF membership: the changes to the pension division rules when a relationship breakdown occurs on or after October 1, 2021.

  If you and your partner (married or common-law) have separated, it is important to contact TRAF promptly for information on how your pension is affected. If the separation is permanent, your former partner may be entitled to up to 50% of the pension value earned from the date the relationship began to the date of separation.

  Different options are available to you if your separation date was prior to, or on or after, October 1, 2021. Contact us for more information, or review these pages if separation occurred prior to pension commencement or if separation occurred after pension commencement.

   

• 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.

   

• 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).

   

• 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.

   

• 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.