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How can I obtain a cost quote?
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TYPE OF LEAVE OF ABSENCE |
APPLICATION METHOD |
Contributions During Leave of Absence |
- Logon to Secure Online Services and follow the instructions, or
- Download, fill out and submit to OPTrust an Application to Contribute During an Unpaid Leave of Absence form (OPTrust 1025).
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Buybacks After Leave of Absence |
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Prior Service |
Please fill out and submit an Application for Past Service Credit form (OPTrust 1036).
NOTE: When you join the Plan, OPTrust looks for any gaps between your Continuous Service Date (CSD) and your Plan Membership Date (PMD) for an indication that you have prior non-contributory OPS service. If OPTrust finds that you have prior non-contributory OPS service, we will “deem” you to have made an application and send you a cost quote automatically.
By “deeming” the application we ensure that the cost quote is given to you before the 24-month deadline expires, which enables you to take advantage of the 10-year payment timeline. Please note that the 10-year payment begins three months after we provide you with the cost quote.
Unfortunately, not all periods of non-contributory service are found this way. It remains your responsibility to apply for all other periods of prior past service during the 24-month deadline. If OPTrust has already sent you a cost quote for a period of service, you should not submit another application for this period. |
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© Copyright OPSEU Pension Trust / Fiducie du règime de retraite du SEFPO.
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