Does the Ontario government’s legislation ending mandatory retirement at age 65 affect my OMERS pension?
This legislation does not affect your OMERS pension. The normal retirement age of OMERS members is 65 (or 60 for most members of the police sector and firefighters), but some members, with the consent of their employer, continue to work past their normal retirement age. If you continue to work for an OMERS employer, or are paid past age 65 (or age 60 for police and firefighters), your active membership in OMERS will continue. However, the OMERS Act requires that you start your pension in the year in which you turn 71. At that time, OMERS will provide you with a monthly pension whether or not you are still working, and you will no longer make contributions. More information.
Related Questions
- Does ending mandatory retirement affect a person’s access or entitlement to private employer pensions? What about eligibility for Canada Pension Plan benefits?
- Does the Ontario government’s legislation ending mandatory retirement at age 65 affect my OMERS pension?
- Would you be in favour of outlawing the mandatory retirement age in the forthcoming age legislation?
