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OPSEU Pension Trust [OPTrust]

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The following letter was sent to all OPSEU/SEFPO local presidents whose members are part of the OPSEU Pension Trust (OPTrust). Click here to download the letter. To: All Local Presidents in the OPSEU Pension Trust From: Giulia Volpe, Benefits Officer On behalf of the Pension Liaison Committee Date: January 25, 2021 Re: OPSEU Pension Trust……

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Mr. Clyde MacLellan Chair, Public Sector Accounting Board Dear Mr. MacLellan, The purpose of this letter is to provide comments from the Ontario Public Service Employees Union (OPSEU/SEFPO) on the Public Sector Accounting Board’s (PSAB’s) review of Section PS 3250, Retirement Benefits (“the Project”). We believe that the practical effects of these changes will be unhelpful……

OPSEU Pensions and Benefits

OPSEU President Warren (Smokey) Thomas says he is pleased to see OPTrust Select, Ontario’s newest defined benefit pension plan in a generation, has hit the 1,000-member milestone.  The offspring of OPTrust – OPSEU’s existing public sector plan established in 1995 – is OPTrust Select, which expands coverage to OPSEU members in the broader public sector……

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