It’s your pension: take time to read about it
What's in this booklet?
Congratulations! As a member of the Ontario Public Service Employees
Union (OPSEU) Pension Plan, you are part of one of Canada’s leading
The purpose of the OPSEU Pension Plan is to provide retirement income
(a pension), protected against inflation, for you and your eligible
survivors. This booklet provides an overview of the benefits available to
you through the Plan.
The OPSEU Pension Plan is a defined benefit plan. This means you will
receive a retirement pension based on a formula that uses your salary
and credit in the Plan to calculate the value of your pension benefit.
In addition to a description of the normal retirement benefits, this
booklet contains information about contributions, early retirement
provisions, disability pensions and survivor benefits. The definitions
explain some of the pension-related terminology with special technical meanings.
This booklet includes the provisions of the Plan as of August 2012.
In cases where there is detailed information on a topic, we refer you
to one of our pension booklets that provide additional information.
These booklets are available free of charge from the OPSEU Pension
Trust (OPTrust) either in print, our website or from
your human resources representative.