Alberta Teachers' Retirement Fund Board

Coverage Overview
All teachers employed under a contract either permanent or temporary, must contribute to the Alberta Teachers' Retirement Fund Board as a condition of employment. Only substitute teachers do not contribute to the Alberta Teachers' Retirement Fund Board.

Contributions
For the period September 1 to December 31, 2007, the teacher contribution rate will be 7.21% in pensionable salary up to $3,641.67 and 11.63% on pensionable salary above $3,641.67.

Effective January 1, 2008, the teacher contribution rate will revert to the full required rate of 10.31% of salary pensionable up to the monthly maximum earnings under the Canada Pension Plan and 14.73% above that level. The monthly maximum pensionable earnings under the Canada Pension Plan amount for 2008 is $3,741.67.

The YMPE for 2008 is $44,900.00. The maximum annual salary rate (cap) for contributions and reporting to TRF for 2008 is $130,136.50.

The Alberta Government pays an employer contribution on behalf of each active contributing Plan Member.

Plan Member Guide
Pension benefits for staff who are eligible to participate in the Alberta Teachers' Retirement Fund Board are outlined in a separate publication entitled "Alberta Teachers' Retirement Fund Board - Plan Member Guide". Employees can contact their Teachers' Retirement Fund Board for this publication or obtain the information on their web site http://www.atrf.com