OTPP still underfunded despite positive 2009 returns

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CANADA - The Ontario Teachers' Pension Plan (OTPP) is facing a C$17.1bn (US$17.04bn) funding shortfall despite outperforming its benchmark and generating a 13% return in 2009.

OTPP made more than C$10.9bn in investments last year, placing the pension fund ahead of its consolidated benchmark by 4.2%, according to its latest annual results report. But the pension fund b...

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