Deadline coming to buy back your reduced working hours

March 01, 2023
Deadline coming to buy back your reduced working hours
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You have until July 31, 2023 to apply to purchase full-time credit for periods of eligible temporary part-time work arrangements (TPTWA) that took place during your active membership.

In 2021 we advised that you may have an opportunity to buy back TPTWA credit. This is credit for a period when you temporarily reduced your working hours (e.g., from full-time to part- time) under an arrangement agreed with your employer during a period of active Public Service Pension Plan (PSPP) membership.

We introduced TPTWA buybacks following the Supreme Court of Canada ruling in Fraser vs. Canada (Attorney General) that members of a federal government pension plan were eligible to buy back full-time pension credit for periods of employment when they temporarily reduced their working hours. The TPTWA buyback application period began on August 1, 2021.

After July 31, 2023, retired member TPTWA buyback applications will not be accepted. While you still have time, this window is the last opportunity retired members have to buy back pension credit for a TPTWA period.

See more information on the criteria to buy back a temporary part time work arrangement.

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