Pensionable service

Pensionable service is the total years, months, and days of service you have earned in the Plan. Since your pension is calculated using a formula that considers your pensionable service, it is an important factor in determining the amount of your pension. The more pensionable service you have, the higher your pension will be.

If you are a part-time employee, your pensionable service is prorated based on your scheduled part-time hours.

What's on this page
  • Pensionable service details
  • Examples

Example: Pensionable service for part-time employees

Taylor, Sam and Kim have the same position, but work different full/part-time schedules. See how the pensionable service they earn is different:

As you can see, the pensionable service for Sam and Kim is prorated based on their part-time status.

Tip

Purchasing pensionable service​ You may have eligible periods of pensionable service that you can purchase. Learn more on purchasing pensionable service.

Keep reading: Building your pension

Purchasing pensionable service

Find out if you are eligible to purchase pensionable service to make up for any gaps in your eligible employment history.
Understand how this affects your pension

Transferring your pension

Learn how you can transfer the value of former employer’s pension plan into your WISE Trust plan.
How to transfer your pension
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