News

Retroactive wage increases have been confirmed affecting various bargaining unit employees including Ontario Public Service Unified, Correctional Services, and LCBO among others.

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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.

Following a two-week strike, OPSEU/SEFPO LCBO workers have voted to ratify a new three-year Collective Agreement. Here are some important facts about strikes and your OPSEU Pension Plan if you are a member of the affected bargaining unit.

Your OPTrust pension will likely be a major component of your financial future, so it's important to know what you can expect to receive at retirement to help you prepare in advance.

Effective April 1, 2023, the following changes have been made that will impact the survivor benefits payable from the OPSEU Pension Plan.

Effective February 1, 2022, changes were made to the OPSEU Pension Plan so members earn full pension service if they temporarily reduce their working hours.

Since inception, OPTrust's membership has increased by more than 40 per cent from just under 70000 in 1995.

Defined benefit pension plans from across Canada today released an informational video entitled What's Important produced in collaboration to mark Financial Literacy Month and raise awareness about the value of retirement income security.