What are the rules around the purchase of pensionable service for personal leaves of absence?
Since March 31, 2007, the time window for the purchase of pensionable service for leaves of absence has been set at five years by the Teachers Pension Plan. This means that when a teacher takes any leave of absence without pay or with partial pay, including maternity and parental leaves, s/he has only five years from the end of the leave to purchase the service for that leave. Members can find additional information on the purchase of leaves of absence from the TPP website, www.tpp.pensionsbc.ca. Go to Teachers Pension Plan and find Purchase of Service under Tools. The Tools also include a Purchase Cost Estimator.
Related Questions
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