Table of Contents

OPSEU Pension Plan - Temporary Provision

Introduction: What are the advantages of applying to buy back credit?

Why we suggest you apply even if you’re not ready to buy

Why credit matters

Increasing your pension

Qualifying for early retirement

Post-retirement insured benefits

What kinds of service can I buy back?

Service with an employer who contributed to the OPSEU Pension Plan, the Public Service Pension Plan (PSPP), or its predecessor

Unpaid leaves of absence

Service with another Canadian registered pension plan

How can I obtain a cost quote?

When can I apply?

24-month application deadline

What is a “complete application”?

Buyback quotes and payment options are available online!

How much will my buyback cost?

Service with an employer who contributed to the OPSEU Pension Plan,
the Public Service Pension Plan (PSPP), or its predecessor

Unpaid leaves of absence

Service with another Canadian registered pension plan

What are my payment options?

Payment options

Payment time limits

How will my buyback affect my taxes?

Your buyback and your RRSP room

Your buyback and your taxable income

Frequently asked questions

Commonly used pension terms

How we stay in touch