OHIP
CANADA PENSION PLAN (CPP)
OLD AGE SECURITY (OAS)
SPOUSAL PENSION
SPECIAL PRIVILEGES
CANADIAN ASSOCIATION OF RETIRED PERSONS
ONTARIO COLLEGES RETIREES' ASSOCIATION (O.C.R.A.)
CHANGE OF PERSONAL INFORMATION
CE COURSES
ADDITIONAL INFORMATION
OHIP:
All residents of Ontario continue to be covered under Ontario Health Insurance through the employer tax. Please notify OHIP if your address changes. This may also be handled through your doctor(s) office(s). When you turn 65 years of age, you will continue to use your present OHIP card. When purchasing your first prescription after age 65, your pharmacist will be notified of your age upon entering your OHIP number in the computer. For more information visit the website at www.health.gov.on.ca.
CANADA PENSION PLAN (CPP):
You should apply to CPP approximately six months prior to when you wish your benefits to begin. You may elect to start receiving CPP any time between age 60 and 70. If you are less than 65 years of age, you must have wholly or substantially ceased working. For each month that you are less than or more than 65 years of age, your benefits will be adjusted by 0.5%. Applications are available at your local Human Resource Centre of Canada or the College's Human Resources Department. It is advisable to call in advance and arrange an appointment to go into the office to obtain details. They will require a 'proof of birth' document and your Social Insurance Number.
The CPP maximum retirement benefit for an individual retiring in 2003 is $ 801.25 per month. In order to receive the above mentioned sum, an individual must have contributed the maximum coverage to CPP since January 1966. If you wish to obtain information regarding the specific amount of your CPP, you may call the following toll-free number: 1-800-277-9914. Please have your SIN ready when calling.
Canada Pension offices are at the following locations:
Ottawa Centre Office
300 Laurier Avenue West
Gloucester, Ontario
Ottawa West Office
2525 Carling Avenue
Ottawa, Ontario
Ottawa East Office
2339 Ogilvie Road
Ottawa, Ontario
For more information please visit the website at www.cpp.rpc.ca.
OLD AGE SECURITY (OAS):
You should apply to OAS approximately six months prior to your turning 65 years of age. Applications are available from your local Human Resource Centre of Canada or the College's Human Resources Department. To obtain one, please call 1-800-277-9914 or visit the website at
www.hrdc-drhc.gc.ca/fas-sfa/eforms/ispoasnm1e.shtml.
You will receive your first cheque the end of the month following the month you turn 65. The basic amount, as of April 2003, is $456.08 per month.
SPOUSAL PENSION:
Should an employee die, the spouse would receive 60% of the lifetime retirement pension which was earned or being paid at the date of death. At the time of retirement, members have the option of applying for a reduced pension and having their spouses become eligible to receive a spousal pension based on 75% rather than 60%.
SPECIAL PRIVILEGES:
Transportation companies, educational institutions (including Algonquin College), many cultural and tourist attractions and places of business offer special privileges to senior citizens who are holders of the Ontario Senior Citizens' Privilege card. Your Ontario Senior Citizens' Privilege card is mailed automatically during the month following receipt of your first federal Old Age Security cheque. Senior citizens' clubs/centres often qualify for group rates that may result in substantial savings. For specific information related to your area, or one you are planning to visit, contact local sources of information such as Senior Citizens' Centres, Community Information Centres, Chambers of Commerce, etc. Please see page three for a list of services available.
CANADIAN ASSOCIATION OF RETIRED PERSONS:
The Canadian Association of Retired Persons (C.A.R.P.) publishes a national newsletter for 'fifty-plus lifestyles. The newsletter is published every other month and contains articles of interest to retirees and those approaching retirement. Membership in C.A.R.P. also entitles you to other benefits such as travel insurance at reduced rates. This organization has been highly spoken of by some of our retiring employees. C.A.R.P.'s address is:
C.A.R.P.
27 Queen Street East
Toronto, ON M5C 2M6
Website: www.fifty-plus.net
ONTARIO COLLEGE RETIREES' ASSOCIATION (O.C.R.A.) :
O.C.R.A is an organization that advocates for its members on issues of concern to retirees across the community college system. O.C.R.A.'s mission is to provide common positions on behalf of its members on issues such as pensions, health benefits, and government policies. The cost of the voting membership is $10.00 per year, non-voting membership is free. For more information you can contact (416) 545-0339 or by e-mail at ocra.secretary@sympatico.ca.
CHANGE OF PERSONAL INFORMATION:
Should your address change, please notify the Human Resources Department at the College. Sun Life may be notified by attaching a note to the text claim you submit following your change of address. The Pension Plan should be notified by calling 905-281-4400. As well, if your banking information changes, a void cheque should be forwarded to both the College (if you are maintaining retiree health or life insurance benefits) and to the CAAT Plan at the following address: CAAT Pension Plan, 50 Burnhamthorpe Road West, Suite 902. Mississauga, Ontario L5B 3C2. Please note that these changes cannot always be processed immediately, therefore, it is essential to inform the above organizations as soon as possible to prevent any disruption to your services.
Should you require further information, please do not hesitate to contact the following Human Resources staff:
Connie Powers
(613) 727-4723 ext. 5119
powersc@algonquincollege.com
Kelly Irwin
(613) 727-4723 ext. 5121
irwink@algonquincollege.com
Karen Petrie
(613) 727-4723 ext. 5363
petriek@algonquincollege.com
CE COURSES:
Retirees can take courses on the same basis as full-time employees. If it is a credit course, retirees can register as usual and pay a fee of $20.00, plus any course material fee. If it is a CE/non-credit course, the fee is the same but they can't register until the day before the course begins. The Registrar's Office does have appropriate access to the Human Resources Information System, however, HR can provide a letter to the retiree indicating that he or she is eligible to take courses.
ADDITIONAL INFORMATION:
Municipal Retirees Organization Ontario (M.R.O.O.)
2810 Matheson Boulevard East, Suite 520
Mississauga, ON L4W 4X7
Tel.: (905) 602-6682 / 1-800-595-4497
President - 1-800-561-4600
Seabury & Smith (insurance)
11 King Street West Suite 1800
Toronto, ON M5H 4C7
Tel.: 1-800-387-2037 Fax: (416) 863-9616
Ontario Colleges Retirees' Association (O.C.R.A.)
410-111 Merton Street
Toronto, ON M4S 3A7
Tel.: (416) 545-0339
Website: www.caatretirees.org
e-mail: ocra.secretary@sympatico.ca
A La Carte Travel Insurance
P.O. Box 98059
2150 Burnhamthorpe Road West
Mississauga, ON L5L 5V4
Tel.: 1-888-654-9474
Travel Insurance Specialists
Box 93060 Newmarket East P.O. 1111 Davis Drive
Newmarket, ON L3Y 8K3
Tel.: 1-800-563-0314
Southbound Travel Insurance
190 Bullock Drive Suite 2
Markham, ON L3P 7N3
Tel.: (905) 201-1571
Fax: 1-888-360-4833
Website: www.tcmedicalinsurance.com
Is there any specific spot on the Human Resources website that provides retiree information?
This is something that the pension and benefits area has recently suggested, however, it's still in the "conceptual" stage. We would most likely be looking at putting together a retiree guide (for current employees who are looking for information on retirement) as well as helpful links to Canada Pension Plan, Old Age Security, etc. |
