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Welcome to the OPSEU Pension Trust’s online Employer Manual. This manual
reflects the OPSEU Pension Trust’s commitment to providing timely and efficient
service – both to participating employers and, together with them, to our 77,000 members and pensioners.
OPTrust follows a client-focused service model. As part of this approach, we
have reduced the demands placed on employers for administering various aspects
of the OPSEU Pension Plan. At the same time, we have assumed the primary and
direct responsibility for the processing and verification of individual pension
transactions. As a result, for many transaction types, the employer’s role has
changed to initiating the transaction and providing any employment-related data
and/or documentation that may be required. In other cases, members are able to
deal directly with OPTrust to initiate and complete certain transactions. This
model allows OPTrust to provide prompt, efficient and consistent service to all
plan members and employers.
The Employer Manual has been developed to provide employers that participate in
the OPSEU Pension Plan – and their human resources, benefits and payroll staff –
with the information and resources they need to fulfill their roles in
administering the Plan. In the manual, employers will find:
- an overview of the OPSEU Pension Plan and OPTrust’s administrative policies
and procedures
- descriptions of the employer’s responsibilities for administering each pension
transaction, as well as the responsibilities of OPTrust as Plan administrator
- practical information about specific pension transactions, presented in an
easy-to-use format
- concise, up-to-date procedures and guidelines on each major transaction type
- forms, checklists and other tools that employers need to initiate each pension
transaction.
Revised April 12, 2007
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