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A newsletter for members of OPTrust, providing useful information regarding the OPSEU Pension Plan, including updates on survivor benefits, funding framework, and profiles of board members and staff.
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Members of OpTrust refer to individuals who are part of the Ontario Public Service Employees Union Pension Trust (OpTrust), which is a defined benefit pension plan for employees of the Government of Ontario. They have specific rights, benefits, and responsibilities within the pension plan.
The members of OpTrust are not required to file any specific documents or forms. However, they are required to regularly contribute to the pension plan through payroll deductions and stay informed about the plan's rules and regulations.
There is no specific form or document to fill out to become a member of OpTrust. Individuals become members automatically when they start working for the Government of Ontario and are eligible for the pension plan. They must complete the necessary enrollment forms provided by their employer.
The purpose of being a member of OpTrust is to participate in a defined benefit pension plan that provides retirement income security. Members contribute a portion of their salary towards the pension plan, and upon retirement, they are entitled to receive a pension based on their years of service and earnings.
The information reported on members of OpTrust includes their personal details such as name, employee identification number, contact information, employment history, salary, contribution history, and any beneficiary information they have designated for their pension benefits.
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