Transcript Entry Into the Pension Plans - KO Calg R | The King's Own

Canadian Forces
Pension Plan
Administration
Outline
 Eligibility/Contributions
 Pension Benefits
 Elections
Eligibility/Contributions
Pension Services will determine your
eligibility date and notify you of your
participation in the plan
Contributions will commence the month
following your participation
If you believe you are a participant and have
not received notification, please contact
[email protected]
Pension Benefits
Available upon release or after 12 months with no
earnings
Estimates available upon request from Pension
Benefits section at
[email protected]
For other pension inquiries:
[email protected]
Initiate your release through your unit
Upon notification of release, Pension Benefits will
contact you with respect to your entitlement
Pension Benefits
 Other related links for:
Pension Divisions:
[email protected]
Survivor Benefits:
[email protected]
Elections
Notification
Election types
Documentation
Estimate
Forms
Validation
Notification
Pension Services will notify you of your right to
elect
If you believe you are entitled to make an
elections and you have not received notification
please contact:
[email protected]
Election Types
 Reserve Force Pension Plan (Part 1.1)
Past Service Election form DND 2438-E
 CFSA Part 1 Contributor
Top-Up Election form
a) DND 2438-E + b) DND 2435-E
Other (Form DND2437-E)
 Public Service (PSSA)
 Royal Canadian Mounted Police Service
(RCMPSA)
 Foreign Service
Documentation
All documentation with prior earnings must be
obtained
For records prior to April 1999, you should contact
the Directorate of Access to Information and Privacy
(DAIP). From Pension Website:
<http://www.admfincs.forces.gc.ca/pension/intro_e.asp>
Complete Form: Request for Military Records
For other acceptable source documents for past
service/earnings please visit the Document
Checklist through the link above.
Estimate
An online calculator and downloadable
spreadsheet are available to assist you with
your estimate
From the RFPP home Page, Click on Tools, then
“How to Use Buyback Calculator”.
Use the instructions for the online calculator
A copy of the estimate will be required to be
forwarded with your election form.
Forms
You must complete a Past Service Election form(s)
Estimate Total
Full or Partial election
Provisional Payment/Lump Sum/Combination of both
Signature and Date
Forwarded it within 7 Days of the signing date
You must also complete a Pre-Authorized Debit Form
Void Cheque
Monthly Installments/Type of election
Signature and Date
If you are contemplating a Lump Sum Payment or an
RRSP transfer you will have to complete the”Lump Sum
Payment” form and T2033 for RRSP transfers.
Validation
Computation of election cost by Pension Services
Pension Services will contact you with the election
cost and available options
You will be required to confirm your choice
Past Service Pension Adjustment (PSPA) is required
by the Canada Revenue Agency (CRA)
A confirmation of cost will be sent to you
Full costs
Final monthly installment amount/Re-payment
schedule
Contact Us - Buybacks
[email protected]
The purchase of prior service (Elections)
Current remaining election balance
Payments (Increase, lump-sum, RRSP
transfers, Pre-authorized debits)
Required Documentation
On-line Buyback calculator
Overall Election Process
Contact Us- Pensions
[email protected]
Pension Benefits
Transfer Value (TV)
Deferred Annuity (DA)
Immediate Annuity (IA)
Return of Contributions (ROC)
 Indexing
 Canada Pension Plan (CPP)
 Pension Forecasts
Contact Us- Eligibility
[email protected]
 Eligibility requirements for the plans
 Determination of Eligibility
 Eligibility review/re-evaluation
 Eligibility notices/letters
For More Information
 DAPPP/PS Web site
 http://www.admfincs.forces.gc.ca/pension
 Canadian Forces Pension
Modernization Project
 http://hr3.ottawa-
hull.mil.ca/dgcb/cfpmp/engraph/home_e.asp
?sidesection=5&sidecat=17
Questions