Pension Transfer Out - Process overview timelines

Process Overview Timelines

Table Summary A chart describing the overview for the pension transfer out process. There are three columns which describe the responsiblities for the employee, the current pension plan administrator and Pension Centre's with an associated estimate of time for each responsibility as well as the time line for the length of time for the actual transfer process.
Estimate
You 1 year Initiate the process
Government of Canada Pension Centre 3 months Provides the data
Current Pension Plan Administrator 3 months Provides the pension transfer estimate

 

Table Summary A chart describing the overview for the pension transfer out process. There are three columns which describe the responsiblities for the employee, the current pension plan administrator and Pension Centre's with an associated estimate of time for each responsibility as well as the time line for the length of time for the actual transfer process.
Transfer
You 3 months Complete the transfer form
Government of Canada Pension Centre 3 months Provides the pension funds upon receipt of a request from the current employer
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