4.6 Contributions for Leaves

Members must make required contributions on any employer-approved leaves that are less than 31 days in duration.

Members can choose to make contributions if they are away from work on a statutory leave or, with your approval, on other employer-approved leaves that are 31 days or longer in duration.

If a member elects to not make contributions on an employer-approved or statutory leave, they may still be able purchase the service at a later date by completing a buyback. A buyback will increase the member’s contributory service and eligibility service in the Plan, increasing their overall pension at retirement. However, the cost of the buyback will increase as a member’s age, earnings, and years in the Plan increase. Members should contact Member Services for more information or to request a buyback quote. For more details, please see section 5 Leaves and Layoffs (Click Here).

Health Leaves

For more details, please see section 7 Disability Benefits (Click Here).

 

Current as of May 17, 2024