Insured Benefits

What you need to know

The Government of Ontario has proposed certain changes to post-retirement insured benefits. Although announced, these changes have not been finalized. If this proposal is implemented, there will be no change to the eligibility criteria or terms of coverage for current retirees who started their pensions before January 1, 2017.

  • until 2017, with 10 or more years of credit, you, your spouse and dependent children qualify for insured benefits which include coverage for :
    • dental
    • supplementary health and hospital
    • vision care and hearing aid plan
    • basic life insurance
  • if you start your pension after January 1, 2017, eligibility criteria change and you will be required to pay 50% of the premium costs
  • Government of Ontario pays the full premium for eligible members who retire before January 1, 2017 (retiring after 2017)
    • insured benefits are a taxable expense
    • insured benefits are provided through the government of Ontario, not OPTrust
Submitting claims

If you have any difficulty with your claim, please contact Great-West Life at 1-800-874-5899.

What you need to do
  • designate a beneficiary for the $2,000 life insurance benefit payable from Great-West Life
  • consider signing up for Great-West Life online to submit claims or direct deposit
When to contact us
  • when any life changes occur – marriage, separation, divorce, death, new beneficiaries
  • changes to contact information – address, phone number, e-mail address, new spouse, death of a spouse

Background material for more information
Government sites with pension benefit information