Your basic OPSEU Pension Plan benefit at age 65 is calculated
as follows:
| 2% | x | Your best five-year average annual salary | x | your credit (maximum 35 years before 1992, no maximum after 1991) |
| Less reduction for CPP integration | ||||
| 0.655% | x | the lesser of: your best five-year annual average salary, and your final five-year average Year's Maximum Pensionable Earnings (YMPE) set under CPP |
x | your credit (to a maximum of 35 years) |
| Equals the OPSEU Pension Plan benefit you contributed towards. | ||||
When you turn 65 your OPTrust pension is adjusted (reduced) for CPP integration.
It’s important to note that the integration formula shown above is not directly related to the total years of CPP contributions you have made.
The integration (reduction) of your OPTrust pension is based only
on the number of years you contributed to the OPSEU Pension Plan and its predecessor plans.