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Monthly Pension Payment Update



Please note that your Monthly Pension Payments, via Electronic Funds Transfer (EFT), will be processed on the 1st of every month which correlates with your official retirement date.


However, if the 1st of the month falls on a weekend or on a statutory holiday, the banks can only process payment into your respective bank accounts on the next business day.


(For example, January 1, 2021 falls on a statutory holiday, therefore, your Monthly Pension Payment will be in your bank account on Monday January 4, 2021).

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Operating Engineers Benefits Administration Corporation

IUOE Local 793 Benefits Administration

Oakville Ontario, Canada