Retirees' Overview

2023-2024 Post-retirement benefits premium renewal and temporary premium holiday - optional upgrade plan effective August to October 2023

For the period of April 1, 2023 to March 31, 2024, the current premiums for all group insurance plans will remain unchanged including the Life Insurance and Optional Upgrade Plan.

Learn more:

Retired on or after January 1, 2017
Retired before January 1, 2017

Plan changes improve survivor benefits for dependent children

Effective April 1, 2023, the definition of an eligible child has been expanded so disabled dependent children may be entitled to receive a survivor pension.

New definition of child

Previously, a member’s children were only eligible for a survivor pension if they were under the age of 18, or older and in continuous full-time attendance at a secondary school or a post-secondary school for up to five years immediately following secondary school.

Under the new rules, disabled dependent children who meet certain eligibility criteria will now also be entitled to a survivor pension, regardless of their age and education, after the death of a member and their surviving spouse.

More information

Please read our survivor benefit fact sheet to learn more about this change and how it will impact the survivor benefits that may be payable if a members dies after they retire.

OPTrust will be updating all relevant communications on our website to reflect these changes in the coming months.

Previous updates

More updates

As a member of the OPSEU Pension Plan, there are a number of life events that will affect your pension.

Starting Your Pension

couple retirement

Your pension is usually paid on the 26th of the month, is payable for your lifetime and provides survivor benefits for your eligible spouse.
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Pension changes at 65

senior woman

At age 65 the additional pension benefit from OPTrust ends and your pension is integrated with the Canada Pension Plan (CPP).
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Insured Benefits

senior couple

Insured benefits for eligible retirees include coverage for: dental, supplementary health and hospital and basic life insurance.
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Marital Status changes


Marital status affects survivor benefits. If your marital status changes, notify OPTrust to ensure your information is up to date.
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Planning for your Survivors

senior using computer

Your OPTrust pension provides benefits for your survivors, so it's important that you identify who you want to receive those benefits.
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