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How do I calculate my Special Payout if I elect to transfer to the new IIP effective January 1, 2010?

April 26, 2017CALCULATE effective iip january 1 payout special transfer

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How do I calculate my Special Payout if I elect to transfer to the new IIP effective January 1, 2010?

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The Special Payout is based on the number of years of service, sick bank credit and former municipality. Visit the Pension Payroll & Employee Benefits website to use the online Estimator or external website www.toronto.ca/sickplans/.