What you need to know
If you are receiving a pension from the OPSEU Pension Plan and continue to work or start working again, whom you work for may affect your pension.
If you work for an employer who does not contribute to the Plan, your pension is unaffected.
If you work for an employer who contributes to the Plan, there may be an impact on your pension depending on whether you rejoin the Plan.
Please contact OPTrust before you decide to work for an employer who contributes to the Plan. It is your responsibility to inform an employer that you are receiving a pension from OPTrust.
How to plan
If you do not rejoin the Plan, but work for an employer who contributes to the Plan: Your pension will be subject to a post-retirement earnings maximum each calendar quarter, which is the amount you can earn with a contributing employer in any calendar quarter before we reduce your pension. If your earnings exceed your maximum in any quarter, we will reduce your pension in the next quarter by the amount your post-retirement earnings have exceeded your maximum in the previous quarter. Note: See participating employers list below.
If you do rejoin the Plan:
Depending on your age and the nature of your re-employment, you may have the option to rejoin the Plan, or be required to. If or when you do rejoin, your pension payments will stop immediately, and you will resume making pension contributions. While making pension contributions, you are accruing additional pension service so when your employment ends, we will recalculate your pension.
Resources
Your maximum quarterly re-employment earnings is determined when you start your pension by subtracting your gross quarterly OPTrust pension amount from three times your final monthly salary payable.
You will see this amount on your Retirement Confirmation Statement when you retire, and your Pensioner Information Change Statement during retirement.
Your maximum quarterly re-employment earnings is determined when you start your pension by subtracting your gross quarterly OPTrust pension amount from three times your final monthly salary payable.
You will see this amount on your Retirement Confirmation Statement when you retire, and your Pensioner Information Change Statement during retirement.
The Plan's membership comprises members represented by OPSEU, certain designated bargaining agents, and other designated employees, employed by the following organizations:
Alcohol and Gaming Commission of Ontario
Centralized Supply Chain Ontario
Centre for Addiction and Mental Health*
Financial Services Regulatory Authority
Ferrovial Services
HR Ottawa Employee Services Inc.
Legal Aid Ontario
Legislative Assembly of Ontario
Liquor Control Board of Ontario
Niagara Parks Commission
North Bay Regional Health Centre (Northeast Mental Health Centre)*
Ontario Agency for Health Protection and Promotion
Ontario Cannabis Retail Corporation
Ontario Pension Board
Ontario Public Service Employees’ Union (seconded or acting employees)
Ontario Shores Centre for Mental Health Sciences*
Ontario Teachers’ Pension Plan Board
OPSEU Pension Plan Trust Fund (includes non-bargaining unit employees)
Providence Continuing Care Centre*
Province of Ontario (civil servants and crown employees)
Skilled Trades Ontario (formerly Ontario College of Trades)
St. Joseph’s Care Group – Lakehead Psychiatric Hospital*
Waypoint Centre for Mental Health Care*
Workplace Safety and Insurance Appeals Tribunal
*This employer is divested and no longer enrolling new members in the OPSEU Pension Plan.
The Plan's membership comprises members represented by OPSEU, certain designated bargaining agents, and other designated employees, employed by the following organizations:
Alcohol and Gaming Commission of Ontario
Centralized Supply Chain Ontario
Centre for Addiction and Mental Health*
Financial Services Regulatory Authority
Ferrovial Services
HR Ottawa Employee Services Inc.
Legal Aid Ontario
Legislative Assembly of Ontario
Liquor Control Board of Ontario
Niagara Parks Commission
North Bay Regional Health Centre (Northeast Mental Health Centre)*
Ontario Agency for Health Protection and Promotion
Ontario Cannabis Retail Corporation
Ontario Pension Board
Ontario Public Service Employees’ Union (seconded or acting employees)
Ontario Shores Centre for Mental Health Sciences*
Ontario Teachers’ Pension Plan Board
OPSEU Pension Plan Trust Fund (includes non-bargaining unit employees)
Providence Continuing Care Centre*
Province of Ontario (civil servants and crown employees)
Skilled Trades Ontario (formerly Ontario College of Trades)
St. Joseph’s Care Group – Lakehead Psychiatric Hospital*
Waypoint Centre for Mental Health Care*
Workplace Safety and Insurance Appeals Tribunal
*This employer is divested and no longer enrolling new members in the OPSEU Pension Plan.
When to update your information through your Online Services account
Any life changes – marriage, new common-law spouse, separation, divorce, new beneficiaries.
Changes to contact information – address, phone number, email address.