Pension

Pension Chair – Cheryl Black

Cheryl Black - Pension Chair

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 2019-2021 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 upcoming SCETF Retirement Information Session planned for 2020-2021 is on April 28th, 2021. Register using the SCETF On-Line Registration Tool. To register, go to https://scetf.org/on-line-registration/

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? https://www.otpp.com/members/cms/en/life-career-events.html .  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.

At these workshops, you will hear from Jennifer Mitchell and Mark Butt who are ETFO Staff Officers. Jennifer and Mark 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 Tara Lamb, who works for Ontario Teachers’ Insurance Plan (OTIP). Tara will provide information about the RTIP benefits plan offered by OTIP.  At the workshop, Stephen Wong from RTOERO will provide information about the RTOERO 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

RTOERO Retirement Planning Webinars

https://rtoero.ca/events/

OTIP Walk into Retirement Webinars 

For information on benefits coverage (health/dental/travel) in retirement:  

https://www.otip.com/events .

Educators’ Financial Group – Walk into Retirement with a Plan and Mid-Career Webinars

For information from Educator’s Financial Group:

https://www.educatorsfinancialgroup.ca/webinars/

 

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