Retirement: Procedures– Re-Employment Earnings
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Retirement
Retirement
Procedures– Re-Employment Earnings
Employers that contribute to the OPSEU Pension Plan must complete the following procedures when a retiree who is in receipt of a pension from OPTrust is re-employed or engaged without re-joining the Plan.

1. Re-employed pensioner notifies employer that he or she is in receipt of a pension from OPTrust.


It is the re-employed pensioner’s responsibility to inform the new employer that he or she is currently in receipt of a pension from OPTrust.

2. Employer submits Quarterly Re-employment Earnings Report.


The Employer must report the earnings paid to the re-employed pensioner in each calendar quarter. The earnings reported should include all payments identified in the Plan’s definition of pensionable salary.

Revised November 26, 2004
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