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What if your salary changes with
your new employer?
The pension entitlement that you will receive from the OPSEU Pension
Plan is calculated based on your best consecutive 5-year average
annual salary rate, while you were employed in the Ontario Public
Service or other organizations contributing to the OPSEU Pension
Plan, plus inflation increases after you were divested. This means
that any salary changes that may occur while you are working for
your new employer will not be reflected in your OPTrust pension
amount.
For example, if you were paid a lower salary in your position
with the OPS employer but retire at a significantly higher salary
with your new employer, this will not have an impact on the amount
of your OPTrust pension entitlement. Your OPTrust pension, however,
is indexed to the Consumer Price Index to ensure your pension keeps
pace with any annual inflation increases before and after retirement.
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