Answers to your pension questions.
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There may be some situations in which it is difficult to retrieve your earnings information, (for example if your previous employer does not have old employment records). In this case, you can provide past T4s.
There are Income Tax Act maximums that apply to the amount you can purchase, which may vary depending on the type of purchase you make.
The first steps in making a purchase depend on whether you are interested in purchasing your period of employment prior to enrolling in the Plan, or a gap after you became a Plan member.
The amount of pension you receive as a result of the purchase depends on a “purchase adjustment factor” that is applied to all DBplus pension purchases.