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What is a divestment?

TABLE OF CONTENTS
WHAT IS A DIVESTMENT?
INTRODUCTION
UNDERSTANDING THE LEGISLATION
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Introduction

In pension terms, a divestment is the transfer of an operation and its employees from the Ontario Public Service or one of its agencies to other governments, agencies or the private sector. The sale or assignment of an operation from one employer to another can have a different impact on members’ pensions, depending on the circumstances.

This booklet provides you with important information about your pension if you have to leave the OPSEU Pension Plan as a result of a divestment. It will help you if you are involved in a divestment or have already been divested and want to understand your pension rights and entitlements.

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