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OPTrust is responsible for providing the member with a T4A by
mid-February for buyback payments made in the previous year for the following
situations:
CORPAY employers:
- OPTrust reports all payroll, monthly, quarterly and lump sum buyback payments.
Non-CORPAY employers:
- OPTrust only reports monthly, quarterly and lump sum buyback payments (i.e.
payments made directly to the OPTrust by the member).
Non-CORPAY employers must report any buyback payments made through payroll
deduction on the individual’s annual T4.
For both CORPAY and non-CORPAY employers, OPTrust will also issue T4As to
members for LOA purchases that require a PA.
Revised September 3, 2004
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