Buying Service

You may be able to increase your credited service in the OMERS Plan (and increase your retirement pension and survivor benefits) by purchasing previous service in the OMERS Plan or from a former employer’s pension plan, if eligible.

Buy-back Basics

What you need to know about buying service.
Learn about buying service

Income Tax Considerations

The Income Tax Act governs the service you can buy, methods of payment, maximum purchase limit, and whether your purchase lowers your taxable income.
Learn about income tax considerations

Getting Started

You can request a cost to buy service using the Buy-back Calculator in the myOMERS secure site or by phone.
Read instructions

Payment Options for Buying Service

Payment options for buying service include a lump-sum payment, a monthly payment plan, or a combination of the two.
Learn about payment options