Members - Planning for Retirement

What you need to know
Other government pensions
  • you can collect CPP at age 60 but there is a reduction for anyone under 65
    • apply directly with CPP six months before you wish to start receiving CPP
  • Old Age Security (OAS) payments do not start until 65
    • apply with Service Canada six months before  you wish to start receiving OAS
  • OPTrust will send you a retirement package, after we receive your termination form
How to start the process
  • inform your employer and OPTrust of your retirement date
  • attend a pension information session
  • complete your employer’s forms & OPTrust’s forms
  • check that OPTrust has all the necessary documents from you to process your pension:
  • use the pension estimator in your Online Services account to determine your pension entitlement at various ages or request a pension estimate
    • continue with the retirement income calculator to estimate net income
When to contact us
  • any life changes – marriage, separation, divorce, death, new beneficiaries
  • changes to contact information – address, phone number, email address, financial institution  
Forms you need to complete

Additional forms to complete, if applicable

Income Planning Calculators


Background material for more information