When trying to attract and retain employees, it comes down to more than just pay. In fact, eight out of 10 Canadians said they’d prefer an improved pension, or having a pension in general, than a higher salary, according to a survey. Employees want pensions and a pension plan can help to attract and retain staff in today’s competitive labour market.

That’s where OPTrust Select comes in – a defined benefit pension plan offering a regular stream of income in retirement at a moderate cost for Ontario’s nonprofit, charitable and broader public sector organizations. The defined benefit pension model provides secure, predictable income in retirement. OPTrust Select, combined with personal savings, and government programs such as CPP and OAS, can help you plan your future better, so you can rest easier.

Four reasons to join OPTrust Select:

  1. OPTrust Select is managed by a world-class investment team.
  2. The pension you receive is based on a set formula and is not impacted by day-to-day fluctuations in the market.
  3. With OPTrust Select, you can’t outlive your pension because it is payable for life.
  4. Both the employee and employer contribute to the fund.

To learn more about OPTrust Select and your eligibility to join, contact us.