Planning for Retirement

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 the document Retirement Planning Tool – Reference Guide.

If you are planning to retire in the next two to five years please contact Pension Services for a detailed quote.

Retiring in the next six months? Check out our Retirement Checklists:

• Retirement Checklist – Faculty
• Retirement Checklist – Staff

Retirement Seminars

We offer retirement seminars to faculty and staff. Login to Carleton Central to sign up for an upcoming session.

Retiring Allowance (non-academic staff)

If you have thirteen (13) or more years of continuous service at retirement you may be eligible to receive a retiring allowance equal to one week’s salary for each year of continuous service to a maximum of fifteen (15) years.

You can transfer all or part of the retiring allowance to an RRSP or your AVC account. The amount eligible for transfer is limited to:

• $2,000 for each year or part of a year before 1996 that you worked for Carleton University, plus
• An additional $1,500 for each year before 1989 that you were employed at Carleton University but not a member of the pension plan.