Procedures- Retirement
Employers must complete the following procedures when an OPTrust member terminates employment and retires with an immediate pension from the OPSEU Pension Plan.

			Important! Employers should forward all necessary documentation to OPTrust three months before the member’s planned retirement date.

This form does not require the member’s signature but does require an authorized employer’s signature.

Note: if the member is a divested member retiring from the successor employer, the successor employer only needs to send OPTrust a letter confirming the date of termination.

			Important! Termination while on LTIP: When a member is terminating his or her plan membership while on LTIP, the employer should state “Member on LTIP” in the final salary section of OPTrust's Termination of Membership (OPTrust 1012) form, rather than entering a salary amount. The collective agreement salary for the position may be different from the final salary on LTIP.

• A birth certificate or other proof of birth – if not already on file
• The spouse’s birth certificate or other proof of birth – if not already on file
• Proof of birth for all eligible children – if not already on file

			Note! Approved proof of birth include: birth certificate adoption papers Canadian passport Canadian Registration of birth Baptismal certificate/papers Indian status card Canadian Citizenship papers Canadian Permanent Resident Card

• A completed Statement of Marital Relationship (OPTrust 3007) form – This form must be completed at termination/retirement, even if a previous copy is already on file with OPTrust.
  
  
• A marriage certificate – if not already on file
  
  or
  
  Three documents showing that the member has a common-law spouse with whom he or she has been living for a minimum of three years – if not already on file. See OPTrust’s Spousal Relationship Information Sheet for details.
  
  
• A completed Pension Beneficiary form (OPTrust 1015) (optional) – Members can also complete this form online through OPTrust’s secure Online Services
  
  
• TD1 (Federal), and TD1 (Provincial)
  
  
• Void cheque for direct deposit of pension payments
  
  
• Group Insurance Application or Change Form

Employers are encouraged to complete the Employer Checklist for Retirements (OPTrust 1072) form and submit it to OPTrust with the required forms and documents, to ensure that all necessary information has been provided to OPTrust.

			Important! Retirements under Surplus Factor 80: When a member has received a notice of layoff and is eligible to retire under Surplus Factor 80, the employer must submit a signed copy of the Employer Checklist for Retirements indicating that the member has been laid off pursuant to the job security provisions of their collective agreement or provide a separate signed statement to that effect

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To assist you with the termination process, please see the Employer Checklist for Retirement  (OPTrust 1072).