How to transfer service between plans - Teachers
How to transfer service between public sector plans
Understand what to consider before transferring service, how the process works, and the potential impact on your pension.
How to transfer service between plans
There are deadlines to apply to transfer service.
For most pension plans, you must apply within three years of the later of:
- The date you started contributing to the Teachers' Pension Plan, or
- The date you stopped contributing to your former plan.
For the Federal Public Service Plan, you must apply within one year of the later of:
- The date you started contributing to the Teachers' Pension Plan, or
- The date you ended employment with the federal government.
Transferring your service out of the plan
If you're leaving an employer that participates in BC's Teachers' Pension Plan and would like to transfer your service to another plan that has an agreement with us, contact your new plan. They will let you know what’s required.
Transferring your service into the plan
If you’ve joined the Teachers' Pension Plan and would like to transfer your service from your old pension plan, submit the applicable form to us. We will tell you if you are eligible and let you know how much service we'll give you credit for. You can then use this information to decide whether you want to transfer service to the Teachers' Pension Plan and collect a single pension when you retire, or collect two separate pensions.
Which form should you submit?
If you are transferring service from:
- A teachers' pension plan based in another province, submit the Interprovincial reciprocal transfer agreement (appendix A – application) form
- exception: for service earned as a teacher in Alberta before February 1, 1995, submit the Interprovincial reciprocal agreement (information part 1) form
- A public sector pension plan that's not a teachers' pension plan, submit the Pension transfer application (appendix A – transfer information request and authorization) form
By submitting the application form, you’re not obligated to transfer your service.