In this section
This section discusses member retirement and contains these five subsections:
- Retirement Administration
- Pension Application Process
- Types of Retirement
- Insured Benefits After Retirement, and
- Re-employment of Pensioners.
Mandatory pension start date at age 71
A member may elect to continue to work and make contributions to the Plan beyond age 65, but must terminate plan membership on or before November 30 of the year in which the member reaches age 71.
Under the Income Tax Act (Canada) and Regulations, pension payments must begin no later than the end of the calendar year in which the member attains age 71.