Gagner un crédit

While you’re a participant, you’re earning both service credits and vesting credits.

  • Service Credits
    • Future Service Pension Credits. You earn one “future service pension credit” if you work at least 1,800 hours in a calendar year. The total number of pension credits you’ve accumulated when you are eligible to receive your pension are used to determine the amount of your monthly benefit.
    • Past Service Pension Credits. You may be eligible to include service for the time you spent working before your employer joined the Plan. These are called “past service pension credits.”
    • Disability Credits.  You may be eligible to earn disability credits if you are receiving long-term disability benefits from an employer-sponsored plan.  Refer to your Description abrégée du régime for more information.
    • Extra Service Credits.  You may be eligible to earn extra service credits if credit for a given period would bring you up to 15 years of service credits, 10 years of current service or 10 years of vesting credit.
  • Vesting credits
Vesting credits affect your eligibility for a benefit, but not the amount of your benefit. In general, you earn one vesting credit for each calendar year that you receive  a gross compensation of either at least $2,000 or equal to your lowest hourly rate  during the calendar year multiplied by 700.   When you become vested is determined by when you were or if you currently are a participant in the Plan, as well as what province law your are subjected to, as outlined below:

 

PÉRIODE D’EMPLOIRÉGLEMENT DE DÉVOLUTION

If you are subject to the pension laws of Provinces other than Saskatchewan, Quebec and Manitoba AND you terminate service after January 1, 1986


You are vested after accumulating three years of current or vesting Service; or 15 years of service credit with at least one year of current service; or 24 months of continuous plan participation.

If you are subject to the pension laws of Saskatchewan AND you terminate service:

 

Le 1er janvier 1994, ou après

 

On or after July 1, 1981 but before January 1, 1994

Vous avez acquis vos droits :

After accumulating 24 months of continuous service; 

After one year of continuous service, when age plus years of continuous service equal at least 45.

If you are subject to the pension laws of Manitoba AND terminate on or after January 1, 1985


You are vested after accumulating 24 months of continuous service or 24 months of plan participation, whichever occurs first.

Sauf indication contraire ci-dessus, pour tout arrêt après le 1er janvier 1976, mais avant le 1er janvier 1986


You are vested after accumulating 10 years of current or vesting Service; or 15 years of service credit with at least one year of current service.

Pour tout arrêt après le 1er octobre 1964, mais avant le 1er janvier 1976


You are vested after accumulating 15 years of service credit.

 

Breaks-in-Service

 

If you stop working for a period of time, you may incur a “break-in-service.” Once you again meet the requirements of becoming a participant in the plan, your contributing employer is required to continue to make contributions to the Fund on your behalf.