If you have funds in another defined benefit pension plan, you may be able to transfer them into the Teachers’ plan.

We have special transfer agreements with other major pension plans that allow you to transfer your pension credit into or out of our plan. Time limits and other eligibility requirements apply.

Transfer agreements make it relatively easy to consolidate pension benefits in a single plan. This consolidation could allow you to retire sooner or with a larger pension because in the pension world the whole is generally larger than the sum of the parts. Plan differences such as early retirement provisions, benefit formulas, inflation adjustments and differences in salary can make the actuarial value of your pension differ from plan to plan. Take the time to thoroughly research your options.

We have transfer agreements with:

• the Canadian Teachers' Federation and teachers' pension plans in every province; and

• the other major plans in Ontario