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
The new optrust.com – a better experience for members and retirees
Welcome to the new optrust.com! We are so excited to share it with you.
See highlights from our climate change journey
Explore key milestones and ongoing progress in our enhanced climate change strategy.
Keeping our members and retirees up to date
Check out the Winter 2024 issue of OPTions and Pension Connection newsletters for members and retirees of the OPSEU pension plan.
2025 Cost of living adjustment is 2.7%
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.
Plan changes for multiple mandatory transfers
The OPSEU Pension Plan (the Plan) was recently amended to restore the amount of pension service certain members will establish in the Plan following two mandatory transfers between the Plan and the Public Service Pension Plan (PSPP). For affected members who rejoin the Plan on a mandatory basis on or after January 1, 2024, the amendment restores the amount of pension service they earned during their prior membership in the Plan at no extra cost to them.
Defined benefit pension plans: Supporting Ontario’s economy
Retirees with defined benefit pensions stimulate business growth and job creation in their communities by injecting billions of dollars into the economy every year.
OPSEU/SEFPO retroactive salary awards
Retroactive wage increases have been confirmed affecting various bargaining unit employees including Ontario Public Service Unified, Correctional Services, and LCBO among others.
Thinking about your retirement?
OPTrust's pension information sessions are a great way to learn more about your pension plan directly from an OPTrust representative.
The new optrust.com – a better experience for members and retirees
Welcome to the new optrust.com! We are so excited to share it with you.
See highlights from our climate change journey
Explore key milestones and ongoing progress in our enhanced climate change strategy.
Keeping our members and retirees up to date
Check out the Winter 2024 issue of OPTions and Pension Connection newsletters for members and retirees of the OPSEU pension plan.
2025 Cost of living adjustment is 2.7%
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.
Plan changes for multiple mandatory transfers
The OPSEU Pension Plan (the Plan) was recently amended to restore the amount of pension service certain members will establish in the Plan following two mandatory transfers between the Plan and the Public Service Pension Plan (PSPP). For affected members who rejoin the Plan on a mandatory basis on or after January 1, 2024, the amendment restores the amount of pension service they earned during their prior membership in the Plan at no extra cost to them.
Defined benefit pension plans: Supporting Ontario’s economy
Retirees with defined benefit pensions stimulate business growth and job creation in their communities by injecting billions of dollars into the economy every year.
OPSEU/SEFPO retroactive salary awards
Retroactive wage increases have been confirmed affecting various bargaining unit employees including Ontario Public Service Unified, Correctional Services, and LCBO among others.
Thinking about your retirement?
OPTrust's pension information sessions are a great way to learn more about your pension plan directly from an OPTrust representative.
Find out how life events after retiring could impact your pension
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.