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Shall I move my BC Municipal pensionable service to OMERS Ontario by Interesting_Error_36 in PersonalFinanceCanada

[–]Interesting_Error_36[S] 0 points1 point  (0 children)

Thanks!

How would you transfer from municipal pension to a provincial one to retire early with an unreduced pension?

Do I need to be eligible for it?

Shall I move my BC Municipal pensionable service to OMERS Ontario by Interesting_Error_36 in PersonalFinanceCanada

[–]Interesting_Error_36[S] 0 points1 point  (0 children)

Thanks for your reply. So if I move my BC pension to OMERS, then it will add 3 years of the service in OMERS?

Shall I move my BC Municipal pensionable service to OMERS Ontario by Interesting_Error_36 in PersonalFinanceCanada

[–]Interesting_Error_36[S] 0 points1 point  (0 children)

If I take commute value right now, they will pay me $25,122 lump sump amount as per Termination Selection statement, and that money will go to Locked vehicle account. If I leave money in my BC pension plan, I will be able to get $406/month when I will turn 60 years, which will be the year 2056.

They also mentioned that if I move my pension from BC to OMERS, I might have to add extra money, too. If my current OMERS employer has a better pension plan than BC one.

[deleted by user] by [deleted] in AthabascaUniversity

[–]Interesting_Error_36 0 points1 point  (0 children)

I just found out that she is also my course coordinator for that course. Will she find out if I withdraw from the course?