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 oppa@oppa.ca 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 communications@oppa.ca
The OPP Association is the sole bargaining agent for the close to 10,000 members of the Ontario Provincial Police in Canada. Our members are our focus and our strength. We aim to provide important information to our members and the public about matters that affect policing in the province of Ontario.
