The Teamsters & Toronto Ready-Mix Pension Plan ensures financial security for members through employer contributions, strategic investments, and stable benefits. The plan is designed to complement government programs like the Canada Pension Plan (CPP) and Old Age Security (OAS).
As of December 31, 2025, plan assets total $297.3 million, with investments diversified across infrastructure, real estate, fixed income, and equities.
The pension plan undergoes regular actuarial evaluations to ensure stability. The latest report confirms that assets and contributions are sufficient to meet funding requirements. Over $9 million in benefits are paid annually.
Ensure your beneficiary information is up to date. If you have a spouse, they are automatically your beneficiary unless a waiver is signed. Contact the plan administrator for changes.
Please contact us if you have any further questions.
The Board of Trustees wishes to inform you that an actuarial valuation of the pension plan was recently completed to report on the financial position of the Plan as of December 31, 2024. As required by pension legislation, this valuation was conducted on two bases.
Members of the Benefit and Pension Plans can now access the Member Portal for secure, on-demand information about their benefits and pension. View your account, check eligibility, review work history, use the pension calculator, and more —all in one place.
Stay informed about the Teamsters & Toronto Ready-Mix Pension Plan, including benefits, funding, investments, and key updates for your retirement security.
