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News

  • 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).

     
  • Your 2020 T4A is now available

    February 22, 2021

    Your 2020 T4A is now available in your Online Services account. Login or register today. Paper copies were mailed in early February.

     
  • Planning to retire this year? Apply for pension at least three months in advance

    February 8, 2021

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

    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 documents with TRAF through our secure online platform.

    For more information, review Apply for Pension.

     
  • Teaching after retirement 120-day rule temporarily suspended

    January 27, 2021

    Under The Teachers’ Pensions Act (TPA), while collecting your pension, if you return to teach under contract in a position covered by TRAF and work more than 120 full days in a school year, your pension will be suspended on the 121st day. (This rule does not apply if you are age 65 or older and have at least 15 years of qualifying service before reaching your 121st day.)

    This 120-day rule has been temporarily suspended by a Manitoba Order in Council under The Emergency Measures Act for the 2020-2021 school year. As a result, there will be no requirement to suspend your pension payments and recontribute to the pension plan after 120 days.

    This change is temporary, and the 120-day rule will resume as of July 1, 2021.

    Make sure you’re aware of all of the rules that apply when working after retirement and the impact they may have on your pension, including the 90-day rule, which is still in effect. For more information, please refer to the Teaching After Retirement fact sheet.

     
  • January pension change notices for retired members available online

    January 26, 2021

    Pension change notices for January 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.”

     
  • TRAF Board members complete the ICD-Rotman Directors Education Program

    December 18, 2020

    As part of TRAF’s commitment to strong governance, its seven-member Board participates in various educational opportunities throughout the year. Ongoing education ensures Board members continually develop their skills and remain up to date on issues relevant to their role in overseeing the administration of TRAF.

    TRAF wishes to recognize two Board members in particular for a recent and significant education achievement.

    This fall, Board members Brenda Tobac and Myrna Wiebe each completed the ICD-Rotman Directors Education Program (DEP), which was jointly developed by the Institute of Corporate Directors (ICD) and the University of Toronto’s Rotman School of Management. The intensive course is offered through top business schools in several Canadian jurisdictions and is considered to be the leading national education program for board members in Canada.

    “Through its rigorous curriculum, the ICD-Rotman DEP challenged me to broaden my knowledge and ask critical questions. The training and its real-world applications will help me be more effective as a TRAF Board member,” Brenda said.

    Myrna added, “The program is designed to enhance even an experienced director’s skills. Through the modules, I sharpened my governance abilities and gained new perspectives that I plan to apply in my role on the Board.”

    We congratulate Brenda and Myrna on their successful completion of the program and look forward to them continuing to apply their skills and new knowledge in their TRAF Board duties.

     
  • 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.

     
  • TRAF's office temporarily closed to the public

    November 12, 2020

    Starting November 12 and until further notice, TRAF’s office is closed to the public.

    In-person member appointments will continue to be suspended until at least June 30, 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. 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.

     
  • Fall 2020 newsletters are available now

    October 29, 2020

    Read the fall 2020 editions of The Link (for active and deferred members) and The Horizon (for retired members). News stories include: the impact of investment returns on the pension plan; TRAF appoints Chief Investment Officer; July 2020 retirement statistics; 2020-2021 office hours and more.