Lisa Hillstrom, Executive Officer of Pension and Benefits for the OPP Association joins the 10-5 Podcast to inform our listeners on OPPA contacts for retirement. Lisa is a wealth of knowledge. This episode was released in 2021, and is one of our most listened to episodes. Lisa tells us that many people have spoken with her about the value of the information provided, so we decided to re-release the episode. Lisa has provided us with some key contact information below for the show notes: The e-mail address for Ontario Shared Services (OSS) has changed from askoss@ontario.ca to the OPS Service Centre at opssc@ontario.ca , the phone numbers have remained the same: 1 (866) 979-9300, (416) 326-9300 Below is the information to share regarding insured benefit criteria: Uniform and Civilian Members hired before January 1, 2018 Uniform • No Pension credit requirement • Retire with any type of pension 100% paid by the Government of Ontario Civilian • 10 years of pension credit at retirement • Retire with any type of pension 100% paid by the Government of Ontario Uniform and Civilian Members hired on or after January 1, 2018 Unreduced Pension • 20 years of pension credit at retirement • Retire with an immediate unreduced pension Will be required to pay 50% of the premium for insured benefits upon retirement Reduced /Deferred Pension • 20 years of pension credit at retirement • Retire with a reduced pension or from a deferred status Will be required to pay 100% of the premium for insured benefits upon retirement (paid by the retiree) This episode of the 10-5 podcast is produced and hosted by Scott Mills and Joshua Jutras. Music – “Line of Fire” by Jason Shaw available at Audionautix.com and used under Creative Commons Attribution 4.0 International License - https://creativecommons.org/licenses/by/4.0/legalcode If you have any questions about this episode of the 10-5 Podcast, please email us at communications@oppa.ca
Lisa Hillstrom, Executive Officer of Pension and Benefits for the OPP Association joins the 10-5 Podcast to inform our listeners on OPPA contacts for retirement. Lisa is a wealth of knowledge. This episode was released in 2021, and is one of our most listened to episodes. Lisa tells us that many people have spoken with her about the value of the information provided, so we decided to re-release the episode.
Lisa has provided us with some key contact information below for the show notes:
The e-mail address for Ontario Shared Services (OSS) has changed from askoss@ontario.ca to the OPS Service Centre at opssc@ontario.ca , the phone numbers have remained the same: 1 (866) 979-9300, (416) 326-9300
Below is the information to share regarding insured benefit criteria:
Uniform and Civilian Members hired before January 1, 2018
Uniform
• No Pension credit requirement
• Retire with any type of pension
100% paid by the Government of Ontario
Civilian
• 10 years of pension credit at retirement
• Retire with any type of pension
100% paid by the Government of Ontario
Uniform and Civilian Members hired on or after January 1, 2018
Unreduced Pension
• 20 years of pension credit at retirement
• Retire with an immediate unreduced pension
Will be required to pay 50% of the premium for insured benefits upon retirement
Reduced /Deferred Pension
• 20 years of pension credit at retirement
• Retire with a reduced pension or from a deferred status
Will be required to pay 100% of the premium for insured benefits upon retirement (paid by the retiree)
This episode of the 10-5 podcast is produced and hosted by Scott Mills and Joshua Jutras.
Music – “Line of Fire” by Jason Shaw available at Audionautix.com and used under Creative Commons Attribution 4.0 International License - https://creativecommons.org/licenses/by/4.0/legalcode
If you have any questions about this episode of the 10-5 Podcast, please email us at communications@oppa.ca