What happens if I become disabled?
You may be entitled to a disability pension:
- your doctor must complete a medical report on your disability and submit it to Manulife Financial
- you must submit a disability pension application to the Pension Centre
|If you become disabled...||you may be eligible if you...|
|after you stopped working for Canada Post,|
Do I accrue pensionable service while I'm disabled?
Yes, unless you are receiving a Canada Post disability pension.
Do I remain a Plan member?
Yes, if you are eligible for a disability pension, you will become a retired Plan member.
How is a pension calculated?
- you begin receiving a Canada Pension Plan/Quebec Pension Plan (CPP/QPP) disability pension,
- you reach age 65, or
- the date of your death
whichever happens first.
|If you become disabled while...||then your disability pension would equal...|
||the pension to which you would have been entitled if you had not become disabled, based on your pensionable service to the date you become disabled, calculated without reduction based on your age|
|retired and receiving a monthly reduced pension||the unreduced pension calculated when you retired, plus the indexing you have earned to date, minus an adjustment to take into account the number of years during which you received reduced pension benefits|
How do I know if I'm eligible for a disability pension?
You know you are eligible for a disability pension when the insurance company declares you to be totally and permanently disabled based on medical evidence. The insurance company will confirm this status in writing to you and will send a copy to AccessHR. If you wish to receive a disability pension, you must apply.
Does my pension income change if I receive a CPP/QPP disability pension?
Yes. Your bridge benefit, if you are still receiving one, ceases on the date you become eligible to receive a CPP/ QPP disability pension.
When would payments start?
Once Manulife Financial approves the disability pension, benefits begin on the day designated as your retirement date.
How do I apply for a disability pension from the Plan?
Because the application process takes a while, you should start the application process as soon as possible after you have been declared totally and permanently disabled by the insurance company. You are responsible for any costs associated with the medical examinations or form completion fees charged by your doctor.
|Pension Centre||For active members
|You (active members only)||
|You (active members only)||
|RBC Investor Services Trust||
What if my health improves?
Once you are approved for a disability pension, no further review is required. You will continue to receive your monthly pension benefit. The total of all income will not exceed 70% of the pre-disability salary.
If you return to work, your pension may be affected.