The normal retirement age under the OPSEU Pension Plan is 65. A vested member is
entitled to receive an unreduced pension at age 65 based on his or her credit
and best 60 consecutive months average annual salary rate at termination.
When a member retires at age 65, his or her pension is immediately integrated
with CPP. During membership in the OPSEU Pension Plan, memberís and employerís
contributions to the Plan are reduced to offset their contributions to CPP on the portion of salary
under the YMPE. When a member turns 65 they may be eligible to collect a pension
from CPP. So, the pension they receive from the OPSEU Pension Plan is reduced at
age 65 to reflect the lower contributions made to the OPSEU Pension Plan.