Start your journey
It’s time to start planning for your future! Get started by finding the answers to your retirement questions and more. Make sure to review your Annual Pension Statement to find what you can expect to receive when you retire. You can find your latest statement by logging into your Online Services account.
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 your pensionLog into your Online Services account to find out when you qualify and estimate your future pension.
How to apply
You’re ready! How do you apply to retire?
Your new chapter starts soon with a pension you can count on – for life! Our Member Experience and Pension Operations team is ready to help you every step of the way if you’ve decided to retire or are thinking seriously about it.
Consider choosing the last day of the month, as your pension is effective the first of the following month. Pension payments are made on the 26th of each month.
Check with your employer to find out when your health benefits coverage will end.
Consider choosing the last day of the month, as your pension is effective the first of the following month. Pension payments are made on the 26th of each month.
Check with your employer to find out when your health benefits coverage will end.
Your employer will notify us of your retirement date.
Your employer will notify us of your retirement date.
Review your information and make updates if needed (email, phone number, beneficiaries, etc.) through your Online Services account.
Review your information and make updates if needed (email, phone number, beneficiaries, etc.) through your Online Services account.
Proof of age for your spouse
Proof for your eligible children if any
Proof of age for your spouse
Proof for your eligible children if any
This happens after your employer informs OPTrust of your termination.
This happens after your employer informs OPTrust of your termination.
"When I was young, I didn’t think about a pension. But time passes fast. My wife told me, ‘You’re not going to be young forever — CPP won’t be enough when you’re old.’ That’s when I realized I had to do something. Buying back my service was a big sacrifice. But now I’m happy I did it. It gives me an income that supports me along with my CPP and Old Age Security. I’m really grateful for that. "
Julio Miguel de las Casas
OPTrust Retiree