At OPTrust, pensions are paid on a monthly basis, usually on the 26th except
for December when the pension is paid on the 20th. However, if the 26th
falls on a
Saturday or Sunday the pension is paid the previous Friday. For your
convenience, we offer direct deposit to the financial institution of your
choice.
New retirees receive their first pension payment in the month following
their retirement. So, if you retired on October 31st, you can expect your
first payment as an OPTrust pensioner on November 26th.
|
Cut-off date
for changes |
|
2008 pay dates |
|
Friday, January 18 |
|
Friday, January 25 |
|
Tuesday, February 19 |
|
Tuesday, February 26 |
|
Monday, March 17 |
|
Wednesday, March 26 |
|
Thursday, April 18 |
|
Friday, April 25 |
|
Friday, May 16 |
|
Monday, May 26 |
|
Wednesday, June 18 |
|
Thursday, June 26 |
|
Friday, July 18 |
|
Friday, July 25 |
|
Tuesday, August 19 |
|
Tuesday, August 26 |
|
Friday, September 19 |
|
Friday, September 26 |
|
Friday, October 17 |
|
Friday, October 24 |
|
Wed., November19 |
|
Wed., November 26 |
|
Friday, December 12 |
|
Friday, December 19 |
|
* The cut-off date is the last day on which you can make a change to your
personal information (i.e. banking, address or insured benefit beneficiary)
and have it go into effect within the month that your pension is paid. Any
changes made after the cut-off date go into effect the following month.
|
