$189.5 billion in net assets. We pay pensions and invest plan assets on behalf of 323,000 working and retired teachers. Since our establishment as an independent organization in 1990, we have built an international reputation for innovation and leadership in investment management and member services. We employ roughly 1,100 employees at our head office in Toronto, Canada and investment offices in London and Hong Kong. Roughly 1,500 people work at our real estate subsidiary Cadillac Fairview. Our employees pioneered many of the investment practices and service standards that are now common in the pension world. From the use of derivatives to interactive pension statements, we're proud of our accomplishments and many firsts. Find out why we have an international reputation for strong investment performance and outstanding member services. Our investment program has one goal: to earn the best possible returns, at an appropriate level of risk, to pay pensions to our members. Learn more about our investment strategy or the advantages of choosing Ontario Teachers' as an investment partner. We administer a defined benefit pension plan. It pays lifetime pensions to eligible members and their survivors. In addition to retirement pensions, Ontario Teachers' provides benefits if members die, become disabled or permanently leave teaching before retirement.