- Retirement Planner
- Retirement Checklist
- Receiving Your Pension
- Retiring Allowance – Professional Services
Familiarize yourself with retirement and pension information on our Receiving your Pension section below– implications of retiring early or postponing retirement are discussed.
If you are planning on retiring in the next two to five years, please use the Retirement Planner to estimate your pension for various projected pension commencement dates.
If you are planning to retire by July 1 in the current year, there are a number of important arrangements that you will need to make over the next few months. We strongly encourage you to set up a meeting with one of our Pension Specialists to advise of your plans, discuss your options, and sign the necessary paperwork.
Retirement Planner
If you are currently employed by Carleton and joined the Carleton University Retirement Plan prior to July 1st last year, you can access the Carleton Retirement Planner. For assistance with this tool please refer to our Retirement Planner User Guide.
Retirement Checklist
It is a good idea to start making arrangements to retire about six months before your retirement date. This checklist covers what you need to do in the months before your planned retirement date.
Retirement Checklist
Retirement checklist to guide you through the process of your last six months before retirement.
Receiving Your Pension
You will receive your pension benefit, commencing with the first payment at the end of the month of your retirement and payable in monthly installments for your remaining lifetime, in an amount equal to the greater of your Money Purchase Pension or Minimum Guarantee Pension plus your Pension from Additional Voluntary Contributions (if applicable).
Pensions are directly deposited into the account that you specify at retirement.