Pension transfer out—You are interested in receiving a pension transfer estimate
What you do
You contact your current pension plan administrator to request a pension transfer estimate.
When you do it
Within the period prescribed in the agreement with your current employer's pension plan or within one year from the date a Pension Transfer Agreement is signed; whichever is later.
What your current Pension Plan Administrator does
Confirms that a valid PTA exists with the Public Service Pension Plan and confirms your eligibility to transfer your pension.
Completes Part 1 of the Appendix A/A2 - Request of Transfer Estimate form - and forwards it to you for completion.
What you do
You complete the Employee's Authorization portion of the form titled "Request for Transfer Estimate" - Appendix A/A2, provided by your current pension plan administrator before returning to the Government of Canada Pension Centre.
When you do it
As prescribed in the agreement, or within one year from the date a PTA is signed between your former and current employers; whichever is later.
What the Public Service Compensation Advisor does
Completes forms PWGSC-TPSGC 2020 titled "Salary Service Information - Pension Support System" and PWGSC-TPSGC 2201 titled "Request to Certify a Salary Rate" and forwards them to the Government of Canada Pension Centre.
When the Compensation Advisor does it
The Compensation Advisor must provide the salary and service certification within 20 working days of your termination from the public service.
What the Government of Canada Pension Centre does
Completes the Employee's Information portion of the form titled "Request for Transfer Estimate" - Appendix A/A2 and returns it to your current pension plan administrator, with your service and salary records.
When the Government of Canada Pension Centre does it
The Government of Canada Pension Centre aims to complete and forward the relevant portions of the Appendix A/A2 - Request for Transfer Estimate - along with service and salary records to the other plan administrator within three months from receipt of the completed Appendix A/A2 from you, or within 30 days of receipt of all relevant information from other process stakeholders, whichever is later.
What your current Pension Plan Administrator does
Collects all pertinent data, prepares and forwards the transfer estimate (Appendix B/B2) to you.
When your current Pension Plan Administrator does it
Within three months from receipt of the completed Appendix A/A2 and the service/salary records from the Government of Canada Pension Centre.