The pension plan for current and former OPSEU members in the Ontario Public Service, the LCBO, and other agencies is fully funded and has been so for eight years in a row.
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Toronto – Ontario Auditor General Bonnie Lysyk is “100 per cent correct” when she says the provincial government has no unfettered right to count public employees’ pension funds as government assets, the President of the Ontario Public Service Employees Union says.
Toronto – Ontario Premier Kathleen Wynne would do well to remember who owns the assets of the province’s jointly trusteed public pension plans, the President of the Ontario Public Service Employees Union said today.
Pension funds must take bold steps to reduce the risk that climate change poses for the pensions of their members, the OPSEU Pension Trust (OPTrust) says.
OPSEU members with less than 10 years’ service in the OPTrust pension plan will now be eligible to purchase alternate post-retirement benefits under a new agreement signed between the union and the Ontario government.