Category: Pensions and Benefits
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Q and A and FAQs on the important post-strike pension decisions facing College Full-time Support workers
Live Q and A: Thursday, Dec 4 noon to 1 pm EST. RSVP here for CAAT Pension Q and A Frequently asked questions: Pension FAQ for College Support FT workers Ask specific questions: CAAT member portal Email: member@caatpension.ca Phone: 1-866-350-2228 or 416-673-9000 (Toronto), Monday to Friday, 8:30 am – 4:30 pm ET. The CAAT Pension Plan wants to support…
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For OPS Members – Update on Manulife Service Delays
Update on Manulife Service Delays We know many members have been experiencing significant delays in claim processing and response times from Manulife. Manulife has confirmed that these service disruptions are affecting all their clients, including the province. The delays are the result of recent technological upgrades, increased claim volumes, and limited staffing resources. While these…
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Register now: HOOPP Fall Pension Seminars
Did you know that HOOPP offers pension education sessions for members? If you’re a HOOPP member, taking the time to better understand your pension now will help you prepare for your future. HOOPP offers both in-person and virtual events where you can learn more about your pension, from understanding the key features of the Plan…
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OPTrust celebrates 30 years of service and security
The following news release was distributed by OPTrust on June 13, 2025. View it on OPTrust’s website, linked here. Toronto, June 13, 2025 — OPTrust, one of Canada’s largest defined benefit pension plans, is celebrating 30 years of delivering service and security to members. Following a joint agreement by OPSEU and the Government of Ontario…
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Benefits Fact Sheet #1
Extended Health Care Benefits Insurance companies, through the employer and under a group insurance plan, offer extended health care benefits beyond what is provided under Government plans (e.g. OHIP and Assistive Devices Program). Benefit coverage can vary greatly from plan to plan. You should review your collective agreement and your benefit booklet to determine what…
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EI Fact Sheet #1
Employment Insurance:Caregiving Benefits EI caregiving benefits provide financial assistance while you’re away from work to care for or support a critically ill or injured person or someone needing end-of-life care. You could receive 55% of your earnings, up to a maximum, yearly, insurable earnings amount. As a caregiver, you don’t have to be related to…
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The Worker Safety Engagement Tour – May 23 & 24, 2025
Download Flyer A team of our very own expert OPSEU/SEFPO staff from the areas of: Health and Safety WSIB (Workplace Safety and Insurance Board) Pension and Insured Benefits Will be in your area to allow OPSEU/SEFPO members from every sector and Regional Staff to drop-in, meet and greet other members, ask questions of the visiting…
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Union trustee vacancy for Healthcare of Ontario Pension Plan (HOOPP) Board of Trustees
Union trustee vacancy for Healthcare of Ontario Pension Plan (HOOPP) Board of Trustees The Pension Liaison Committee invites you or someone you know to get involved with HOOPP by applying to become an OPSEU/SEFPO appointed trustee on the HOOPP Board of Trustees for a 3 year period. With the challenges facing defined benefit pension plans,…
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New study finds that having a pension is good for your health!
It’s fascinating how having a pension can positively impact multiple aspects of a person’s well-being! HOOPP commissioned The Behavioural Insights Team (BIT) to conduct a global literature review identifying the health impacts of pensions and an industry-first online study investigating the impact of having a defined benefit (DB) pension on individuals’ financial stress and well-being…
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Notice of Volunteer Position- OPSEU/SEFPO College Support Staff Full-Time Retiree Representative OPSEU/SEFPO CAAT Retiree Group Insurance Advisory Committee
Term of Office: May 5, 2025 – close of following Final Demand Set Meeting (TBD) Nominations: Please download, print out and complete this nomination form. Please email completed forms to gvolpe@opseu.org Deadline for Nominations: January 31, 2025, 5 pm Duties and Responsibilities The OPSEU/SEFPO CAAT Retiree Group Insurance Advisory Committee consists of one representative, each,…
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LCBO Strike Buyback Quotes from OPTrust
Following the LCBO two-week strike, OPTrust will be mailing out buyback quotes shortly to provide the cost of buying back your service. For more information, please visit the OPTrust website.
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Defined Benefit (DB) Pension Plans: Supporting Ontario’s Economy
The Healthcare of Ontario Pension Plan (HOOPP), OPTrust, and University Pension Plan (UPP) recently commissioned the Conference Board of Canada to analyze the economic impact of Defined Benefit (DB) pension plan payouts in Ontario. The results are impressive: Defined Benefit pensions not only provide Ontarians with better retirement outcomes but also benefit the entire Canadian…
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“This is why we are retiring in poverty:” Health care workers slam SickKids for choosing not to pay into pension plan for 26th year
Health-care workers at SickKids Hospital in Toronto are outraged by their employer’s recent announcement that it will continue its “pension holiday” rather than improve retirement benefits for its staff. Last week, SickKids announced that it will not be paying into the staff pension plan for yet another year – it has only contributed to the…
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OPSEU/SEFPO seeking CAAT-Academic Retiree Volunteer
The Ontario Public Service Employees Union/Syndicat des employés de la fonction publique de l’Ontario (OPSEU/SEFPO) is seeking a retiree to represent OPSEU/SEFPO as a Trustee on the CAAT Pension Plan. This Trustee position rotates between OPSEU/SEFPO CAAT Support, OPSEU/SEFPO CAAT Academic and Ontario College Administrative Staff Association (OCASA). The appointment currently held by CAAT Support…
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United for a decent pension plan: Staff at SickKids rally for same deal as other Ontario hospital workers
Staff at SickKids Hospital in Toronto organized a demonstration today, calling on the employer to join the Healthcare of Ontario Pension Plan, HOOPP. The call comes after workers became aware that their current pension will leave them retiring in poverty because the employer failed to contribute to the plan for decades. “This hospital built its reputation…
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HOOPP Benefit Improvement
Your pension is increasing! HOOPP is helping you get even more from your pension As one of Canada’s strongest pension plans, HOOPP is passionate about delivering on their pension promise by providing secure and reliable retirement income to members. That’s why we are pleased to share that, supported by the overall strength of the Plan,…
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Region 6 & 7 Defined Benefit Pension Information Session- June 27th
Your region 6 & 7 Executive Board Members have arranged the OPSEU/SEFPO Pension and Benefits department to host a pension presentation tailored specifically for those who are interested in exploring Defined Benefits Pension Plans. If your local/employer has no pension plan, a Defined Contribution plan or a Group RRSP and you’re curious about what other…
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Pensions
Pension & Benefits unit staff help members with pension issues such as understanding how their pension benefit is calculated, what the features of their plan are, how their plan is governed, and how contribution amounts are arrived at. They can also assist with any pension issues that members are unable to resolve on their own.…