Summary of Your Ontario Teachers' and Government Pensions

Age Ontario Teachers' Pension Plan (OTPP) Canada Pension Plan (CPP) Old Age Security
Age
Up to 59
Ontario Teachers' Pension Plan

Unreduced with 85 factor.

To age 65, your pension equals 2% x credit x best-five years' salary.

Canada Pension Plan
Not available
Old Age Security
Not available
Age
60 to 65
Ontario Teachers' Pension Plan

Unreduced with 85 factor.

To age 65, your pension equals 2% x credit x best-five years' salary.

Canada Pension Plan

Eligible

If you're still employed and receiving a CPP retirement pension, you must still contribute to CPP.

Old Age Security
Not available
Age
65 and older
Ontario Teachers' Pension Plan

Your OTPP pension is adjusted for CPP by an amount that's likely less than your unreduced CPP pension.*

Canada Pension Plan

Eligible

If you're still employed and receiving a CPP retirement pension, you can make additional, voluntary contributions to CPP until age 70.

Old Age Security
Eligible

*Applicable for career teachers; a different adjustment may apply for occasional teachers.

Before deciding when to take your CPP retirement pension, we recommend you go directly to the source to get estimates of your reduced and unreduced CPP pension. Visit the CPP website, call 1-800-277-9914 or contact your local Service Canada office.