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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).

Buybacks After Leave of Absence

 

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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