What is "optrust"

OPTrust, officially the OPSEU Pension Trust, is a legal trust formed by the contractual agreement between the two plan sponsors, Ontario Public Service Employees Union ( OPSEU) and the Government of Ontario. It manages one of Canada’s largest pension funds and administers the OPSEU Pension Plan. It is responsible for investing the plan's assets to support the cost of members' and retirees' pension benefits. It manages the fund for OPSEU members who are employed by the Government of Ontario and certain agencies, boards and commissions.

OPSEU negotiated the creation of OPTrust, giving Ontario Public Service (OPS) members and pensioners a say in their pension plan through joint trusteeship.

It is subject to the rules and regulations governing pension plans in Ontario and Canada, including the Pension Benefits Act (Ontario) and the Income Tax Act (Canada).