OPPA Executive Officer of Pension & Benefits, Lisa Hillstrom, joins the 10-5 Podcast to launch our Retirement Planning Series with an in-depth discussion of termination payments at retirement. This includes calculating severance pay, severance payments for amalgamated members, payment options, accrual of vacation credits on salary continuance, and use of vacation/stat credits/OT as leave with pay (salary continuance).

Resources:

Ontario Shared Services (OSS) Contact Centre - 1-866-979-9300 – Note – Ask to speak with the Benefit Advisor for Retirement Planning Purposes

The Ontario Pension Board offers members access to Certified Financial Planners - https://www.opb.ca/ or 1-800-668-6203

For further assistance members can contact the OPP Association at [email protected] or 1-800-461-4282

This episode of the 10-5 podcast is produced and hosted by Scott Mills and Joshua Jutras.

Music – “Line of Fire” by Jason Shaw available at Audionautix.com and used under Creative Commons Attribution 4.0 International License - https://creativecommons.org/licenses/by/4.0/legalcode

If you have any questions about this episode of the 10-5 Podcast, please email us at [email protected]