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Teachers find it easy to apply online for pension

On Dec. 30, Rosemarie D. became one of the first teachers in Canada to apply
for her pension online.

A former teacher with the Hamilton Catholic School Board, Rosemarie began her pension in February after 37 years of teaching, mostly in elementary schools.

Rosemarie’s experience of applying to retire on iAccess Web, the secure members-only portion of our website, is being repeated all over the province as hundreds of teachers prepare to retire at the end of the school year.

Anne W., an elementary school teacher in Scarborough, is one of those members making final retirement plans. She generated personal pension estimates and tapped other resources on iAccess Web before deciding to retire in June, four months after reaching her 85-factor.

“The calculator was well done and easy to use,” said Anne who soon will complete the application process on the secure website.

photo: Anne W. will be applying online to retire in June.
Anne W. will be applying
online to retire in June.
Rosemarie McClean, Senior Vice-President, Member Services, said the new electronic application is part of an enhanced Retirement Centre that gives members a fast, safe and easy means to plan and initiate their retirement.

“The early response to this new service is very encouraging,” said Rosemarie, noting that teachers used the application within days of its non-publicized launch during the Christmas holiday season.

“From the moment you are thinking about retiring until you complete your application, you will find tools and customized information to help you make informed decisions. And once you are retired, there are still lots of reasons to keep coming back to iAccess Web.”

Retirement decisions are easier with online resources

The information required to make informed choices about your retirement options is available with a few clicks of your mouse at iAccess Web, the secure members-only portion of our website. Here’s what you will find online to help with key retirement decisions.

  Decisions   Online Assistance  
  When to start your pension  
Create customized pension estimates
Compare your own retirement options

 
  Choose a survivor benefit  
View an audio-visual presentation on survivor benefits available if you die after retirement
See how each of your survivor options will affect your pension
Select your survivor option

 
  Complete any outstanding
buybacks
 
View an audio-visual presentation on buybacks
Explore the cost of buying back an eligible period of service and the resulting increase in your pension
Buy back online

 
  Gather missing documents  
Get a list of personal documents required to process your retirement application

 
  Consider supplementary
medical coverage
 
Download copies of brochures on coverage provided by OTIP and RTO/ERO

 
  Teach after retirement  
View an audio-visual presentation on re-employment
 

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