PSAC is pleased to announce that a settlement has been reached in a class action lawsuit involving employees who were required to pay higher transfer amounts when transferring their pensionable service time from the Ontario public service into the Federal public service pension plan. This class action was supported from the outset by PSAC.
This settlement impacts PSAC members who began working with the Canada Revenue Agency prior to November 1, 2012 and who experienced increased transfer costs when transferring their pensionable service from either the OPSEU Pension Plan or the Ontario Public Service Pension Plan into the Federal Public Service Superannuation Plan as part of the Ontario Sales Tax Administration Reform.
A notice approved by the Ontario Superior Court describing the next steps in the process for impacted employees is available below. If you are affected by this class action, you should be contacted individually by the Government of Canada Pension Centre with the materials linked below.
If you do not receive materials from the Pension Centre by May 15, 2024, and believe that you are a member of this class action, please contact pensiontransferclassaction@ravenlaw.com.