7. I will be only 3.5 years away from having 30 years towards my pension at the time of transfer. Due to my age being under 55, this will cost me a very hefty penalty which will affect me financially for the rest of my life. I have been waiting for a long time to find out if there will be any consideration for my situation, or if it's just going to be "tough luck". How can I protect my financial future? Should I find another government job with a pension plan to transfer into? I need to make a decision soon.
As mentioned in response to Question 6 above, you will have two options concerning your 26.5 years of Federal PSSA pensionable service accrued before the date of transfer to the Yukon Health Authority:
1) Transfer your accrued Federal PSSA pensionable service to the Yukon Health Authority Pension Plan via the anticipated Pension Transfer Agreement, or
2) Retain your accrued pensionable service with the Federal PSSA. Under this option, 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.