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   What is an OPTrust select pension?

   • As an OPTrust Select retiree, your defined benefit pension is a secure and stable source of retirement income. This booklet provides information for you to know as an OPTrust Select retiree. Download the booklet OPTrust Select pensions will increase by 4.8% on January 1, 2024.

   Retirees - OPTrust Select

   www.optrustselect.com/retirees/index.html

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   What happens if I retire from OPTrust select?

   • If you have retired and started receiving your OPTrust Select pension and return to work with an employer that participates in OPTrust Select or the OPSEU Pension Plan’s primary schedule of benefits your pension will continue to be paid to you, and you will not be able to resume making contributions to the Plan.

   Retirees - OPTrust Select

   www.optrustselect.com/retirees/index.html

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   What benefits does OPTrust select offer?

   • OPTrust Select members and employers make lower contributions and members receive a more modest benefit than under the primary schedule of benefits. To provide this benefit at a lower cost, OPTrust Select does not ofer subsidized early retirement and survivor benefits, bridge benefits, disability pensions or guaranteed inflation protection.

   Your guide to OPTrust Select for retirees

   www.optrustselect.com/documents/Your-Guide-to-OPTrust-Select-for-Retirees.pdf

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   How will OPTrust update my pension benefits?

   • OPTrust is working closely with employers to receive updated salary information and pension contributions for all members of the OPSEU Pension Plan impacted by the award. The timing of this information may differ by employer, resulting in varying timelines for members to see adjustments to their pension benefits. Read more >

   Retirees' Overview | OPTrust

   www.optrust.com/retirees/default.asp

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2. www.optrust.com › retirees › defaultRetirees' Overview | OPTrust

   www.optrust.com › retirees › default

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   Insured Benefits. Insured benefits for eligible retirees include coverage for: dental, supplementary health and hospital and basic life insurance. Read more

   • Forms

     Use the free Adobe Acrobat Reader to download the form you...

   • Pension Pay Dates

     In the following chart you'll find the pension pay dates for...

   • Insured Benefits

     What you need to know about insured benefits that are...

   • Pension Changes at 65

     How to apply for CPP and OAS. decide when to collect CPP,...

   • Planning for Your Survivors

     Retiree Spousal Information and Beneficiary Designation...

   • Marital Status Changes

     send OPTrust: Statement of Marital Status form ; copy of...

   • Publications

     A Guide to your Benefits - after retirement. The purpose of...

3. www.optrustselect.com › retirees › indexRetirees - OPTrust Select

   www.optrustselect.com › retirees › index

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   Your Guide to OPTrust Select for Retirees. As an OPTrust Select retiree, your defined benefit pension is a secure and stable source of retirement income. This booklet provides information for you to know as an OPTrust Select retiree. Download the booklet.

4. www.optrustselect.com › documents › Your-Guide-toYour guide to OPTrust Select for retirees

   www.optrustselect.com › documents › Your-Guide-to

   As an OPTrust Select retiree, your defined benefit pension is a secure and stable source of retirement income. This booklet provides information for you to know as an OPTrust Select retiree. You can also view the Retirees page on the OPTrust Select website for more information or contact our Member Experience team if you have questions.

5. www.benefitsandpensionsmonitor.com › pensionsPeace of mind for retirees is a top priority for OPTrust

   www.benefitsandpensionsmonitor.com › pensions

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   Apr 4, 2024 · For OPTrust’s members, investment returns account for more than 70 per cent of the benefits they receive in retirement, with more than $1.3 billion in entitlements paid in 2023, benefiting communities across Ontario.

   • Author: Josh Welsh

6. www.optrustselect.com › members › Contributions-WhoContributions − Who Pays and How Much? - OPTrustSelect

   www.optrustselect.com › members › Contributions-Who

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   Pensionable pay does not include overtime pay, bonuses or other lump sum payments in lieu of benefits, or any payment determined by OPTrust not to be pensionable. The table below illustrates the annual amount you could contribute, based on your pensionable pay.

7. blog.ifebp.org › new-dbplus-and-optrust-pension-plansWhat You Need to Know About the New DBplus and OPTrust ...

   blog.ifebp.org › new-dbplus-and-optrust-pension-plans

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   Oct 24, 2018 · DBplus is like a DC pension plan for employers with fixed contribution rates, and it provides lifetime benefits, survivor benefits and inflation protection for members. Annual wage adjustments and inflation protection are dependent on the funding status of the plan.