August 26, 2018
Pension pay dates and direct deposit
This page will provide you with the 2020 PSPP pay schedule
November 21, 2019
Pensions to increase on January 1, 2020
OPB is pleased to announce that the cost-of-living adjustment (COLA) for 2020 is 2%.
March 13, 2020
Update on COVID-19: Pension Payments are Secure
The health and safety of our employees and clients is our first priority. Our role is to provide retirement security for more than 90,000 current and retired members, to whom we deliver the pension promise each day.
December 06, 2016
Pensions to increase by 1.3 percent for 2017 cost-of-living-adjustment
You will receive your Retired Member Statement with your personal annual cost-of-living adjustment in January 2017.
November 27, 2020
Cost-of-living increases for Retired Members
We can now announce that the cost-of-living adjustment (COLA) for 2021 is 1.0%.
May 12, 2020
Premium rate and SLI holiday changes effective July 1, 2020 for retirees
The Government of Ontario has announced changes to Post-Retirement Benefit (PRB) plans, the Optional Upgrade Package (OUP), and Supplementary Life Insurance (SLI).
April 27, 2021
Temporary part-time work arrangement (Fraser decision)
Last fall, the Supreme Court of Canada ruled in Fraser v. Canada (Attorney General) that members of a federal government pension plan were eligible to purchase full-time pension credit for periods of employment when they temporarily reduced their working hours.
March 22, 2018
LTIP & Short Term Disability
There may come a time when an employee becomes ill and is unable to work. In the event that happens, an employee may need to go on short-term disability (STD) and then qualify for long term income protection (LTIP).
March 29, 2018
Overview of the mechanics related to pension payments; i.e., pension formula, payment dates, CPP integration