Ontario Teachers Pension Plan
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Ontario Teachers Pension Plan
The Ontario Teachers' Pension Plan Board (french: Régime de retraite des enseignantes et des enseignants de l'Ontario) is an independent organization responsible for administering defined-benefit pensions for school teachers of the Canadian province of Ontario. Ontario Teachers' also invests the plan's pension fund and it is one of the world's largest institutional investors, acting as a partner organization of the World Economic Forum. The plan is a multi-employer pension plan, jointly sponsored by the Government of Ontario and the Ontario Teachers' Federation. Ontario Teachers' achieved a 11.1% one-year total-fund net return in 2021 and achieved its ninth consecutive fully funded year. History Ontario Teachers' was established on January 1, 1990. Until then, Ontario teachers' pensions had been sponsored solely by the Ontario government. Assets of the plan had been invested in government bonds only. Currently, it invests globally in fixed income, public and private equity mar ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ...
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Birmingham Airport
Birmingham Airport , formerly ''Birmingham International Airport'', is an international airport located east-southeast of Birmingham city centre, west-northwest of Coventry slightly north of Bickenhill village, in the Metropolitan Borough of Solihull, England. Officially opened as ''Elmdon Airport'' on 8 July 1939, the airport was requisitioned by the Air Ministry during Second World War and used by both the Royal Air Force (RAF) and the Royal Navy as ''RAF Elmdon''. It was largely used for flight training and wartime production purposes. On 8 July 1946, the aerodrome was reopened to civilian operations. Birmingham Airport currently holds a CAA Public Use Aerodrome Licence (Number P451) that allows flights for the public transport of passengers or for flying instruction. Passenger throughput in 2017 was over 12.9 million, making Birmingham the seventh busiest airport in the UK. The airport offers international flights to destinations in Europe, the Middle East, the Ind ...
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National Lottery (Ireland)
The National Lottery ( ga, An Crannchur Náisiúnta) is the state-licensed lottery operator in the Republic of Ireland. Established in 1986 to raise funds for good causes, it began operations on 27 March 1987 when it issued its first scratchcards. It launched the weekly drawing game Lotto the following year, holding the first draw on 16 April 1988. The National Lottery now offers Lotto and Lotto Plus draws on Wednesdays and Saturdays, EuroMillions and Plus draws on Tuesdays and Fridays, and two Daily Million draws each day. Its other games include televised bingo, Millionaire Raffles, and online instant-win games. The minimum age to play all National Lottery games is 18. Almost 40 percent of Irish adults play National Lottery games regularly, with nearly 30 percent of sales going toward good causes in the areas of sport and recreation, national culture and heritage, the arts, community health, youth welfare and amenities, and the natural environment. In 2020, total sales were â ...
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National Lottery (United Kingdom)
The National Lottery is the state-franchising, franchised national lottery established in 1994 in the United Kingdom. It is regulated by the Gambling Commission, and is currently operated by Camelot Group, to which the licence was granted in 1994, 2001 and again in 2007, but will be operated by Allwyn Entertainment Ltd from 2024. Prizes are paid as a lump sum (with the exception of the Set For Life which is paid over a set period) and are tax-free. Of all money spent on National Lottery games, around 53% goes to the prize fund and 25% to "good causes" as set out by UK Parliament, Parliament (though some of this is considered by some to be a form of "stealth tax" levied to support the National Lottery Community Fund, a fund constituted to support public spending). 12% goes to the UK Government as lottery duty, 4% to retailers as commission, and a total of 5% to operator Camelot, with 4% to cover operating costs and 1% as profit. From introduction in November 1994 until April 20 ...
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