Eligibility Requirements

To qualify to buy back credit for other employment:

  • Your former pension plan or financial institution must be willing to transfer your funds to Ontario Teachers', without conditions that conflict with Ontario pension legislation, this plan's provisions and the Income Tax Act.
  • For service before 1992: you still must have funds in the other pension plan and the funds must be available to transfer directly to Ontario Teachers'.
  • For service after 1991: you must not be entitled to a benefit from or have contributions in the other plan for the same period you wish to purchase, unless you transfer these funds to the Ontario Teachers' as part of your purchase.