Application and/or Forms For:
  Dental Plan
  Active Member's Forms
  Retired Member's Forms
  Other Forms -
  School Board Contributions
  Group Life Insurance forms
  Reciprocal Transfers

Plans

* DENTAL PLAN:

Dental Plan

 

Dental Summary Sheet

 

The Benefits of Going Online

* SUPERANNUATION PLAN:
 

Superannuation Plan

  2017 Pension Deposit Dates
* DISABILITY PLAN:
 

Sick Leaves & Disability Benefits Plan

* GROUP LIFE INSURANCE PLAN:
 

Group Life Insurance Plan

Publications

 

Teachers' Supperanution Commission Annual Report 2015-16

 

Group Life Insurance Plan Annual Report 2015-16

  Annual Pensioner Letter
 

Annual Statement Letter

  NEW: Copy of the Annual Member Statement
  Daily Contribution Tables for 2017
 

Information Manual

 

Governance Manual

  Strategic Plan
  Communication Plan
 

Investment Policy and Objective Statement

Acts & Regulations
Dispute Resolution Process
Related Links
About us
Contact us
Inquiries
FAQ's
Comment on our site
Home
 
Main -> Superannuation Plan -> Deferred Allowances
Deferred Allowances
Teachers who cease to teach prior to meeting eligibility requirements and leave their contributions in the Teachers Superannuation Fund, will be eligible to receive an allowance when their age is such that they meet eligibility requirements. This deferred allowance is calculated in the same manner as for teachers who were teaching at the time of retirement.
After four months, teachers who have ceased to teach and who are not in receipt of an allowance from the Income Continuance Plan, and who have one year of eligibility service can apply to have the commuted value of the deferred allowance transferred to another registered pension plan or a registered retirement savings plan.
The plan to which these funds are transferred may not permit cash withdrawals except in the event of the death of the teacher. Direct transfers are subject to CRA maximums. Any amount in excess of the CRA maximum must be paid in cash and is subject to income tax.
The commuted value transferred is subject to a minimum of teacher contributions plus credited interest.
Note: Teachers selecting this option have no further rights under the Plan and no right of reinstatement.
  ----------------------
ADMINISTRATION
  ----------------------
FUNDS
  ----------------------
CONTRIBUTION RATE
  ----------------------
TEACHING SERVICE
* Contributory Teaching Service
* Income Continuance Plan Service
* Purchase of Service
* Service on a Part-Time Contract
* Substitute Service
* Accumulation of Partial or Substitute Service
* Qualifying Service
* Procedures
  ----------------------
RECIPROCAL TRANSFER AGREEMENTS
* Procedure
  ----------------------
ELIGIBILITY
* Retirement with an Unreduced Allowance
* Retirement with a Reduced Allowance
* Procedures
  ----------------------
RETIREMENT BENEFITS
* Prior to Age 65
* Age 65
* Minimum Allowance
* Procedures
  ----------------------
INDEXING OF ALLOWANCES
  ----------------------
DEFERRED ALLOWANCES
  ----------------------
SURVIVOR BENEFITS
* Death Before Retirement
* Death After Retirement
* Adjustment at Age 65
  ----------------------
TERMINATION
(For Reasons Other Than Retirement)
* Conditions for a Refund
* Amount of Refund
* Reinstatement of Refund
* Commuted Value
* Spouse of Deceased Teacher
  ----------------------
SUPERANNUATES WHO RETURN TO TEACHING
  ----------------------
PENSION DIVISION ON MARRIAGE BREAKDOWN
  ----------------------
VOLUNTARY CONTRIBUTIONS
  ----------------------
SUMMARY
  ----------------------
PENSION AUTHORITIES' CONTACT
----------------------
Copyright © Saskatchewan Teachers' Superannuation Commission All rights reserved. Powered by