Members of the Telecommunication Workers Pension Plan Eligible to Purchase “Days of Pay” for 2020
To be entitled for a full year of credited service you must have a minimum of 250 Days of Pay in a year. The 250 days include days worked and days on LOA due to Sick Leave, WCB or ill-health. If you have a shortfall of Days of Pay in a year, you may be entitled to Purchase Days of Pay. To be eligible you must have 36 months of seniority to purchase any shortfall on the 250 days. You cannot purchase more service that was earned in 2018 or 2019. Nor can you purchase more than 5 years of service (plus three years for parenting). Purchase of service must be completed by December 31, 2020.
Please see https://www.twplans.com/twpp/booklets-forms/purchase-of-service-letter-worksheet/ for more information.