Pension

Pension Chair – Cheryl Black

We are extremely fortunate to be a part of such a strong union that is unwavering in its commitment to supporting its members. It was this support, that led me to explore the possibility of helping other members who may need support or have questions. I applied, and was successful at becoming the Pension Chair for the 2017-2019 school years. It has been a pleasure learning more about our union and issues that are important to its members.

As members close in on the last few years leading up to retirement, they realize that there many steps to take in ensuring that when they do indeed push the retirement button, that one does so feeling secure in their decision, are as financially secure as possible, and have made sure that they have all of the relevant (and factual) information needed to enter into their retirement with peace of mind. If you are within 5 years of retiring, please join us for a Retirement Information Workshop. The next one is scheduled for April 17th, 2019 at the SCEFT office in Barrie.

Did you know that there is a calculation tool on the Ontario Teachers’ Pension Plan (OTPP) website? Did you know that there is a link and information about pensions on the ETFO website? www.otpp.com.

It is important to ensure that you do not wait until just before you retire to understand the retirement process. Sign up online to attend a SCETF retirement workshop where you will be provided with information, as well as opportunities to ask questions. It is important to realize that your colleague’s advice may not work for your financial situation, or that the information friends are providing may have changed. Always call OTPP for the most accurate and up to date information. – To register, go to https://scetf.org/on-line-registration/

At these workshops, you will hear from Jennifer Mitchell who is an ETFO Professional Relations Services Officer. Jennifer will provide valuable information about the retirement process from ETFO’s perspective including information about our pension plan that is fully-funded for the next 70 years!

You will also hear from Anita Chamberland, who works for Ontario Teachers’ Insurance Plan (OTIP). Anita will provide information about the RTIP benefits plan offered by OTIP.  At the workshop there will also be information about the Retired Teachers of Ontario (RTO) benefits plan, another option for your benefit needs.

Attending a SCETF Retirement Information Workshop is an excellent way to begin to navigate through the process of retirement. The evening lends itself to asking lots of questions, and each presenter ensures you fully understand all information that is presented. Further questions can always be directed to a representative at OTPP in Toronto. Appointments are available, and emails and phone messages are always quickly returned.

OTPP: 1(800)668-0105

Email: inquiry@otpp.com

Office Hours: 8:00am – 5:30pm Monday to Friday

 

Be sure to check out the ETFO website, at www.etfo.ca  – multimedia – webcasts  for the Pension Webcast: Getting Ready to Retire for Teachers (OTTP).

  Getting Ready to Retire – For Teachers

Here is a link to the ETFO website for information on retirement including a video of Jennifer’s presentation: http://www.etfo.ca/multimedia/webcasts/otpp/Pages/default.aspx

 

SCETF Retirement Planning Workshop – April 17, 2019 

 

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