Apply for a Small Pension Payment
Overview
Call PEPP first to see if you qualify for the small pension payment. Only terminated or retired members can apply.
PEPP allows a lump-sum payment in lieu of a pension where a member's total account balance is less than $13,700.00 or if you are age 50 or over and your annual pension is less than $2,740.00.
Related information:
Call PEPP first to see if you qualify for the small pension payment. Only terminated or retired members can apply.
PEPP allows a lump-sum payment in lieu of a pension where a member's total account balance is less than $13,700.00, or if you are age 50 or over and your annual pension is less than $2,740.00.
Requirements
Forms and Documentation
You will need to complete an Application for Small Pension Payment form to process your request.
If you wish to transfer to an RRSP, you will need to have your financial institution complete a T2151 form from Canada Revenue Agency.