Please enable javascript to view this page in its intended format.

Queen's University
 

Mandatory Retirement

The Ontario Government announced the elimination of mandatory retirement at age 65, effective December 2006.

The implication of the elimination of mandatory retirement is that some employees may wish to extend their employment beyond their 65th birthday. It is important that anyone wishing to stay beyond age 65 inform their department well in advance in order to ensure that appropriate planning can occur.

Government Benefits & Programs

Pensions

Plan members who continue to earn a salary beyond their normal retirement date have several options, including drawing a pension:

  • Members can continue to contribute to the pension plan, and accrue service credits accordingly, until their postponed retirement date (though current legislation requires that they begin to receive a pension by the end of the year in which they reach age 71);

  • Members can elect to cease making contributions to the plan as of their normal retirement date and defer the start of their pension until their postponed retirement date, though not later than age 71 as above (note that service credits will also cease to accrue); or

  • Members can elect to begin receiving a pension as of their normal retirement date.

An employee's post-65 earnings and service counts toward their pension, but only if the election is made to continue making monthly contributions to the plan.

Old Age Security (OAS) Benefit

The monthly OAS benefit is available at age 65 provided you have been a resident of Canada for at least ten years since the age of 18, and it is payable whether or not you continue to work.

The OAS application form may be obtained from the Kingston Service Canada Centre at 299 Concession Street (613-545-8559 or email). This application should be completed approximately six months before you reach age 65.

Ontario Senior Citizen's Privilege Card

Anyone entitled to OAS automatically receives a numbered Ontario Senior Citizen's Privilege Card, which serves as identification for the Ontario Drug Benefit Plan. It should arrive in the month following the first payment of OAS. This card entitles the owner to prescription drugs free of charge - dependent prescription drugs are not eligible.

Note: When you reach the age of 65, you should inform your druggist so that the pharmacy may bill OHIP directly.

Canadian Pension Plan Benefits

All persons who have reached the age of 65 and have contributed to the Canada Pension Plan (CPP) are eligible to receive benefits as of their 65th birthday. While you are eligible to receive CPP benefits as of this date, you may continue payroll deductions and defer the start of benefits until you actually retire.

CPP regulations state that contributions must cease the month before benefits payments begin, so contributions will continue to be deducted from your salary until you notify payroll in writing that you have applied for benefits and the date when these benefits will start.

CPP applications should not be made more than six months prior to that date.

Note: Applications for OAS and CPP are processed by Social Development Canada and require the originals of both your birth or baptismal certificate and Social Insurance card. It is recommended that you consult one of the counsellors at the Kingston Service Canada Centre prior to submitting your applications. The counsellors will answer any questions you may have about these benefits and will be able to certify that they have seen any original documents that are required to support your applications.

Employment Insurance

The current Employment Insurance regulations require continued premium deductions from salary until retirement.


University Benefits & Programs

Long-Term Disability

The Long-Term Disability contract will not cover you beyond your Normal Retirement Date, less the elimination period (six months).

Supplementary Medical Plan

Coverage under the Supplementary Medical Plan will continue without modification until you retire from your current appointment.

Most prescription drugs will be free under the Drug Benefit Plan of Ontario and all covered employees over the age of 65 should rely on the provincial plan. However if a physician prescribes a drug that is not covered, one may still submit it through the Supplementary Medical Plan.

Dependents are still covered under the Plan for all eligible charges.

Note: When you reach the age of 65, you should inform your druggist so that the pharmacy may bill OHIP directly.

Dental Plan

Coverage under the Dental Plan will continue without modification until you retire from your current appointment.

Life Insurance

Life Insurance coverage continues without modification until you retire from your current appointment.

Optional Life Insurance will also continue, but is only available until your actual retirement date or age 70, whichever occurs first.

Note: Premium costs will continue to be deducted by payroll deduction at the group rate until your actual retirement date at which time the full premium cost will be paid by the university.

Human Rights

The Queen’s Human Rights Policy reflects the provincial human rights legislation. The Ontario Human Rights Code will be amended to prohibit age discrimination beyond age 65.

Queen's Human Resources
Fleming Hall, Stewart-Pollock Wing
Kingston, Ontario, Canada. K7L 3N6.
T: 613.533.2070 | F: 613.533.6196
hradmin@queensu.ca