| |
When you leave your
job with an employer that participates in the OPSEU Pension Plan, you
may have one or more options regarding your pension. Depending on your
age and years of credit in the Plan you may be eligible for:
- a refund of your pension contributions, plus interest
- an immediate unreduced pension from OPTrust
- a deferred pension (the right to receive a pension from OPTrust in the
future)
- a transfer of the commuted value of your deferred pension to another
retirement savings arrangement, such as a locked-in retirement account
(LIRA) or another pension plan, or
- if you are under age 45 and have service before 1987, a combination of i) a refund of contributions (plus interest) and ii) a deferred pension
or commuted value transfer.
THE MOST COMMON PENSION OPTIONS
|
|
