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Pension 101

Who are our Members?

You are one of almost 10,000 members, made up of current and former employees of WSIB, Infrastructure Health and Safety Association (IHSA), Public Services Health and Safety Association (PSHSA), Workplace Safety and Prevention Services (WSPS), Workplace Safety North (WSN), and WISE Trust, and the beneficiaries of those employees.

How to join

If you’re a permanent, full-time employee, you’re automatically enrolled into the Plan as of your first day of permanent employment. You will remain a member of the Plan for as long as you’re an employee, even if you become part-time or change to a temporary employment status.

Not a permanent full-time employee
Learn about joining options under Building your pension.

What is a defined benefit pension?

The Plan is a defined benefit pension plan, which means you receive a predictable, monthly pension upon your retirement, for the rest of your life. WISE Trust invests the pension assets on your behalf.

Learn how a defined benefit plan works.

Answers to some common questions

Here are answers to questions we hear a lot.

Members ask:

I moved. How do I update my address?

Answer

If you’re an active member, update your address with your employer. If you are a retired or deferred member, you can update it on My Pension Resource > Profile > Personal Information.
My Pension Resource

Members ask:

Can I transfer my pension from my previous employer?

Answer

You may be able to transfer the value of your pension earned in a former employer’s pension plan.
Transferring your pension

Members ask:

Can I join WISE Trust if I am a temporary employee?

Answer

You may choose to join after 24 months of continuous employment provided you have worked at least 700 hours or earned 35 per cent of the Year’s Maximum Pensionable Earnings (YMPE) in each two consecutive calendar years. Enrollment is not automatic as a temporary employee.
How to join