2021 Cost of living adjustment for your OPTrust pension

Starting January 1, 2021 your pension will increase by 1%. The adjustment is a valuable feature of the Plan that helps your pension keep pace with inflation in retirement. For more information on how your increase is calculated, read Good to Know: Cost of Living Adjustment for Your Pension. Wondering about what impacts the calculation of the Cost of Living Adjustment? Have a look at this explanation online.

COVID-19: OPTrust is prepared to pay pensions and continue to serve our members

In the interest of the health and wellbeing of us all, the office is closed to all visitors until further notice. Members, retirees and employers can connect with Member Experience using secure messaging via Online Services or telephone. The mailbox can be used for communications intended for other departments or by Members that are unable to open an Online Services account. Our new Member Experience service hours are Monday - Friday from 9am to 5pm. Read more on our COVID-19 updates

Previous updates:

As a member of the OPSEU Pension Plan, there are a number of life events that will affect your pension.

Starting Your Pension

couple retirement

Your pension is usually paid on the 26th of the month, is payable for your lifetime and provides survivor benefits for your eligible spouse.
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Pension changes at 65

senior woman

At age 65 the additional pension benefit from OPTrust ends and your pension is integrated with the Canada Pension Plan (CPP).
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Insured Benefits

senior couple

Insured benefits for eligible retirees include coverage for: dental, supplementary health and hospital and basic life insurance.
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Marital Status changes


Marital status affects survivor benefits. If your marital status changes, notify OPTrust to ensure your information is up to date.
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Planning for your Survivors

senior using computer

Your OPTrust pension provides benefits for your survivors, so it's important that you identify who you want to receive those benefits.
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