Retirees Hub
When can you retire and how much can you expect to receive?
You can retire as early as age 55 or as late as age 71. The normal retirement age under the Plan is 65, but with enough pension service, you may be eligible for an unreduced pension that starts earlier.
Learn more about planning for retirement Access your retirement checklist
What if you decide to work in retirement?
If you decide to go back to work once you start receiving your pension, your pension could be affected, depending on who you work for.
Learn moreMember news
Thinking about your retirement?
Retirement isn’t just an ending — it’s the start of a whole new chapter. Whether your “someday” is five years away or just around the corner, our retirement readiness resources help you prepare for your retirement journey — so you can step confidently into what’s next.
Changes to retired member re-employment earnings rule
The OPSEU Pension Plan (Plan) was amended effective July 1, 2025, to no longer reduce pensions for retired members who work for a Plan employer as of December 1 in the year they turn 71.
OPTrust shares climate change strategy updates in latest TCFD report
OPTrust’s 2024-25 Task Force on Climate-related Financial Disclosures provides an update on key aspects of our climate change strategy, built to support our members and mission.
2026 Cost of living adjustment is 2.0%
Every January, OPTrust pensions are adjusted for the increase in the cost of living, as measured by the consumer price index (CPI), reported by Statistics Canada.
2025-26 Post-retirement benefits and out-of-country premium rate change
Effective June 1, 2025, premiums for Legacy A2 (169494) and Retiree-Focused B2 (members paying 100% premiums - 169974) group insurance plans have increased. The out-of-country (OUP) premiums have also increased for Legacy A1 and A2 (157838 and 169494). The out-of-country premiums for Retiree-Focused members has not changed. Life Insurance has also remained the same for all group insurance plans.
Thinking about your retirement?
Retirement isn’t just an ending — it’s the start of a whole new chapter. Whether your “someday” is five years away or just around the corner, our retirement readiness resources help you prepare for your retirement journey — so you can step confidently into what’s next.
Changes to retired member re-employment earnings rule
The OPSEU Pension Plan (Plan) was amended effective July 1, 2025, to no longer reduce pensions for retired members who work for a Plan employer as of December 1 in the year they turn 71.
OPTrust shares climate change strategy updates in latest TCFD report
OPTrust’s 2024-25 Task Force on Climate-related Financial Disclosures provides an update on key aspects of our climate change strategy, built to support our members and mission.
2026 Cost of living adjustment is 2.0%
Every January, OPTrust pensions are adjusted for the increase in the cost of living, as measured by the consumer price index (CPI), reported by Statistics Canada.
2025-26 Post-retirement benefits and out-of-country premium rate change
Effective June 1, 2025, premiums for Legacy A2 (169494) and Retiree-Focused B2 (members paying 100% premiums - 169974) group insurance plans have increased. The out-of-country (OUP) premiums have also increased for Legacy A1 and A2 (157838 and 169494). The out-of-country premiums for Retiree-Focused members has not changed. Life Insurance has also remained the same for all group insurance plans.
Find out how life events after retiring could impact your pension
Planning for retirement
Retirement is a major life change. Preparation and planning will help with a smooth transition to this next phase of your life.
Turning 65
At age 65 the additional pension benefit from OPTrust ends and your pension is integrated with the Canada Pension Plan (CPP).
Going back to work in retirement
Find out how your pension may be affected when you return to work after retirement.
Changing your spousal status after retirement
Spousal status affects survivor benefits. If your marital status changes, notify OPTrust to ensure your information is up to date.
Planning for your loved ones after retirement
Your OPTrust pension provides benefits for your survivors, so it's important that you identify who you want to receive those benefits.
The early retirement bridge benefit
Check out our pension information sessions and videos
Our pension information sessions are a great way to learn more about your pension.