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Jan 23, 2023 · 25-Year Retirement Award. A retiring state employee with at least 25 years of service may receive a 25-Year Retirement Award. Departments may make a presentation to a retiring employee who, on the date of their retirement, has completed 25 or more years of state service. The cost may not exceed $125.
The 25-Year Retirement Award recognizes retiring employees who have completed 25 years or more of state service upon retirement (completion of 300 months of qualified state service). Agencies/departments may make a presentation to a retiring employee who, on the date of their retirement, has completed 25 or more years of state service, however the cost may not exceed $125 plus tax.
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The following information is intended to help you understand the impact re-employment may have on your pension.
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•What happens if you become re-employed in the federal public service after you have retired?
If you are re-employed in a position that does not require you to contribute to the public service pension plan, you can receive both your pension and the salary from your new position. For more information about the public service pension plan, consult Re-employment.
However, if you choose to become re-employed in the public service and begin contributing to the pension plan, your monthly pension (including indexing) will cease, as you are unable to receive a pension under the public service pension plan and accumulate public service pension plan service simultaneously. Your monthly pension will only be reactivated once you stop contributing to the public service pension plan, and will most likely be recalculated based on your combined pension credits (those accumulated during both your initial period of employment and your re-employment period). The indexing amount payable will be based on your most recent date of retirement. Additional information can be found by consulting the Re-employment section in Benefits for Retired Members and the Effects of Re-employment on Indexing Benefits.
•What happens if you are re-employed in the public service after a transfer value has been paid to you?
If you become re-employed in the public service and are contributing to the public service pension plan, you can elect to purchase the pensionable service for which you received a transfer value benefit. Note that this option is available on a one-time basis only and a one-year deadline applies.
However, plan members who opted for a transfer value before January 1, 2013 and became re-employed in the public service on or after January 1, 2013 would not remain covered under the pre-2013 pension plan terms. For more information, visit Re-employment.
- Government of Canada Pension Centre—Contact information. The Pension Centre can be reached by telephone, facsimile, or mail. All pension related inquiries, including those related to the Public Service Health Care Plan and the Pensioners' Dental Services Plan, should be referred to the Pension Centre (See Section 9 for information concerning the Public Service Health Care Plan and Section 10 for information concerning the Pensioners' Dental Service Plan.)
- Important documents. In the event of your death, we need complete up-to-date records, to determine the benefits to which your dependants or estate may be entitled (see Section 12).
- Your pension cheque. Your pension is payable in monthly installments. If you are receiving a cheque by mail, you should receive it by the third last day of each month.
- Coordination of benefits with the Canada and Quebec Pension Plans. When the Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) came into effect on January 1, 1966, the contribution rates under the federal public service pension plan were coordinated with those under the CPP and QPP rather than added to them.
The appointing power may present a certificate, plaque, or other suitable memento to state employees with 25 years of completed state service. The cost may not exceed $125. 25-Year Retirement Award. A retiring state employee with at least 25 years of service may receive a 25-Year Retirement Award. Departments may make a presentation to a ...
Work involved in processing these awards includes calculating and verifying years of service. Employee responsibilities. If you are eligible for a long service award but have been overlooked by the department, advise the department’s awards coordinator (or responsible party in the department).
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Benefits after Retirement. When you retire and start to receive a pension from the Public Service you are entitled to certain benefits. If you have been contributing to the Public Service Pension Plan for 2 years or more, you will have an entitlement in the form of a monthly pension. Consult Public Service Pension Plan at a Glance for ...
