You must have at least five years of pensionable service to be entitled to receive a pension from the Teachers' Pension Plan.
Pensions are calculated based on your total accrued pensionable service to the date of retirement, i.e., all purchased pensionable service is included in the calculation of the pension benefit.
You should be fully aware of the meaning of the term "worked service," which refers to all pensionable service that any teacher might have acquired through the provisions of the TPP Plan Text, as follows:
- actual teaching service,
- maternity leave,
- deferred salary leaves,
- paid educational leaves,
- strike time that has been purchased,
- approved unpaid leaves purchased as worked service, and/or
- periods of absence for university study purposes that have been purchased as (or converted to) worked service, etc.
The one exception is that of university study buy back. This is not eligible for inclusion in your worked service.
Review your Financial History under Personal Information in myPENSION on this website to confirm your total Pensionable Service. For details of your years of pensionable service, see your Annual Benefit Statement in My Documents under the Documents and Info section of myPENSION.
If you have any questions on your years of service, contact us at 709-793-8772 or email us at email@example.com.