8. How much time do I have to consider the various options discussed above concerning my federal pensionable service under the Federal PSSA accrued to the date of transfer?

Answer

Normally, you will have one year from the date of transfer to the Yukon Health Authority to exercise any of the options discussed above. Should you fail to exercise an option within the one-year time frame, you will have been “deemed” to have chosen to retain your accrued federal pensionable service with the Federal Public Service Superannuation Act (Federal PSSA). In the latter instance, the pensionable service you accrue under the Yukon Health Authority Pension Plan will be counted for "threshold purposes only" towards your eligibility for pension options under the Federal PSSA.

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