Other Benefit Options
Instead of a disability pension, you may qualify for an immediate or deferred pension from Ontario Teachers'.
If you are under age 50, you can choose either a deferred pension or you can transfer the commuted value of your pension to another locked-in retirement savings arrangement to collect as income when you reach retirement age. The option to transfer funds ends when you apply for a disability pension, providing your application is approved.
Keep in mind that pension benefits are payable only after you terminate employment and stop receiving long-term income protection (LTIP) benefits for a period of long-term disability (LTD). Make sure you understand your choices before making a decision.