Pension & Retirement
Table of Contents
The Carleton University Retirement Plan is a hybrid plan containing elements of both a Defined Benefit (Minimum Guarantee Pension) and a Defined Contributions (Money Purchase Pension) pension plans.
Pension Plan Booklet
This booklet has been prepared to give you an easy reference to the Carleton University Retirement Plan. The information in this document is general in nature.
You may request a copy of the Carleton University Retirement Plan text by contacting Pension Fund Management at pensionfund@carleton.ca.
Retirement Plan Information
Learn about:
- Plan eligibility
- Growing your pension assets
- Buying back past service
- Pension portability
Planning Your Retirement
Learn about the pension plan:
- Pre-Retirement Information
- Early, normal, and postponed retirement
- Types of pensions – MPP, MGP, AVC
- Pension options – Normal, Life Guaranteed, Life, Joint Life Survivorship
- Adjustment to pension after retirement
- Historical pension fund interest rates
Retiree Benefits
Private Supplemental Retiree Benefit Plans
- Freedom to Choose™ health and dental insurance
- Retiree Benefits (victorinsurance.ca)
- RTO Dental Plan – RTOERO
The Pension Services team is available to provide pre-retirement information and calculations regarding the pension and benefit options.
Annual Pension Statements
Access your annual pension statements online by logging into your My HR: Carleton Intranet. If you have previously only received paper copies of your annual pension statements and would like to instead receive your statement online, please email HumanResources@cunet.carleton.ca.
In addition, you may access supplemental pension information by clicking here.
Disclaimer
These web pages have been prepared to give you a quick and easy reference to the Carleton University Retirement Plan. The information is general in nature. It does not constitute legal or actuarial advice about your rights and obligations and is not binding on Carleton University.
Should there be any conflict or omission between the information here and that contained in the Pension Benefits Act of Ontario (PBA), other applicable laws or the Plan documents, the PBA, other laws and plan documents apply. The information provided here may include interpretations and administrative procedures as understood at the time of issuance.
Carleton University reserves the right to change or amend these interpretations and administrative procedures, whether or not the information in this document is updated.
Pension issues and options are extremely complex. It is important that you seek professional advice about your financial situation and estate planning.