The Processing of Your Application for a Retirement Pension

You will receive a letter outlining your options further to your application. The Your Options reply form sent with the letter describes the benefits to which you are entitled on the basis of the information in your file. It is important to read the options carefully before sending us your decision. We suggest you consult a financial advisor to make an informed decision.

Please note that the Your Options reply form is uploaded automatically to My Account. You can therefore file it and track your application in your digital file.

The study of your application will be suspended until we receive your reply form.

You must complete, sign and date the reply form and return it to us within 30 days. After that time period, option A on the reply form will be used to establish the amount of your pension.

We will continue studying your application once we receive your reply form or the deadline has expired. Your application will take less time to process if you send us your reply form promptly.

If you have any questions regarding the information on your reply form, do not hesitate to call us.

You will receive a letter confirming your retirement pension and informing you of the amount of your pension and the first payment date. A copy of the brochure Guide for New Beneficiaries RREGOP and PPMP will be enclosed with the letter. The letter also provides general information about certain events that could occur once payment of your pension has begun, such as:

• Adjustment of your retirement pension (see Step 4 below);
• Integration of your pension with the Québec Pension Plan;
• Return to work;
• Tax deductions;
• Right to reexamination.

You will receive a letter concerning the revision of your retirement pension and informing you of any change to the amount of your pension further to that revision under the provisions of your pension plan. The amount of your pension could increase or decrease after you retire. The adjustment is the result of changes in the plan participation data used to initially calculate your pension.

In accordance with the provisions of your public-sector pension plan, all files are submitted for pension revision. We have up to 3 years to review your file and reduce the amount of your pension, if necessary. Any overpayments you received could be claimed from you further to the provisions of your pension plan. However, there is no time limit on increasing the amount of your pension and paying you any amounts owing retroactively.

Please note that a letter is sent only to retirees whose pension amount has increased or decreased.

If necessary, we can provide a cash advance either before or after we receive your reply form.

You will receive a letter confirming a cash advance and informing you of the starting date for the cash advance to ensure you continue to have income.

We will calculate and send you a cash advance if we have not finished processing your application before the starting date of your pension. It will be paid on the 15th of the month following the month of your retirement.

A cash advance will mainly be sent in thefollowing situations:

• Your application was received before the processing deadline outlined in our Service Statement.
• Your application is missing information.
• An Application for Buy-Back is being processed.
• Buy-back is being paid.
• We are confirming certain information with your employer.
• You requested a list of ways to offset the reduction in your pension due to early retirement.

Since the amount of the cash advance is based on an approximate calculation of your pension, it will be different from the amount on your reply form and the amount you will be paid upon confirmation of your pension.

If the confirmed amount of your pension is greater than the amount of the cash advance you received, we will pay you the amounts owing retroactively. However, if you received any overpayments, we may claim them from you in accordance with the provisions of your retirement pension.