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The necessary paperworkTermination of Membership/Application
for Entitlement form
When you leave your job, you will complete this form with your employer.
The form must be completed regardless of the amount of credit you have
or the circumstances of your termination. OPTrust cannot begin to
process your entitlement or release any funds without a
Termination of
Membership form signed by your employer.
Completing the form does not mean that you are choosing a particular
pension option or transferring your money out of the Plan. You can make
that decision later, after OPTrust sends you a Termination Statement
showing the value of your entitlement and outlining your options.
In some cases, members may disagree with the termination of their
employment and choose to file a grievance through their union.
Completing OPTrust’s Termination of Membership form does not
mean you
are agreeing to the termination of your employment. Once you receive
your Termination Statement from OPTrust, you have the option of delaying
any pension decision until you know the outcome of your grievance. If
this applies to you, you may wish to get advice from your union and/or
financial advisor.
Proof of spousal relationship
Your marital status on your plan membership termination date is one of
the factors OPTrust uses to determine if you have a spouse who is
eligible for survivor benefits. Under the OPSEU Pension Plan, a spouse
is defined as someone of the same or opposite sex with whom you:
- are married, or
- have been living together in a conjugal, common-law relationship
- for at least 3 years, or
- in a relationship of some permanence and are the natural or adoptive
parents of a child.
If you have a spouse when your plan membership ends, you must complete a
Statement of Spousal Relationship form and send it to OPTrust. You must
complete this form at termination even if you have submitted a copy in
the past.
You will also have to provide additional documents, unless they are
already on file with OPTrust:
If you are married, we will need a copy of your marriage certificate. We
will also need any other certificates that have an impact on your
pension, such as prior marriage certificates, separation agreements,
divorce judgments, etc.
If you are living in a common-law relationship, we will need three other
documents that prove your relationship. Acceptable documents include:
- copies of deeds, leases or joint mortgages
- proof of joint tax returns or joint bank accounts
- sworn affidavits from friends, relatives or legal, medical or
spiritual advisors who have knowledge of your relationship.
Identifying Benefit Recipients form
This form identifies the people who may be eligible to receive survivor
benefits from the Plan, in the event of your death. You should complete
this form at termination, even if you have submitted a copy in the past.
If OPTrust does not have a signed
Identifying Benefit Recipients form on
file, survivor benefits may be paid to your estate.
You can also update your beneficiaries online through the secure Online
Services section of the OPTrust Web site.
For more information on survivor benefits please refer to the booklet
Your Pension and Your Beneficiaries. This booklet is available on the
OPTrust Web site, or by contacting OPTrust or your human resources
representative.
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