Terms
Terms
A buyback provides members the ability to purchase additional pensionable service. Members may be able to purchase periods of leave without salary, periods of prior employment with an employer who participates in their current pension plan, and periods where they participated in a different Canadian pension plan. If you would like to initiate a buyback, please contact your employer to apply. If you are eligible you will be sent a Buyback Proposal which is a document that will show you the buyback cost and payment options. Once you have been sent a Buyback Proposal you will be able to use the online Buyback Purchase tool to make your election.
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