If you don’t indicate your choice

• Not vested: Your contributions, plus interest, will be sent to you as a lump-sum payment. OPTrust is required to deduct income tax from your payment.
• Deferred pension: If you are entitled to a deferred pension, we will send you a letter confirming your entitlement to a pension in the future.
• Immediate unreduced pension: If you are entitled to an immediate unreduced pension, we cannot process your retirement and start your pension payments until you send us notice of your choice and confirm your banking information. If there are delays in providing this information, you may receive retroactive pension payments starting from your termination date.
• Excess contributions: We will send you the excess as a lump-sum payment, less the required income tax deduction.