HOOPP Buyback Disclaimer and Notes
The estimates provided by the Buyback Estimator do not convey any actual entitlement
to benefits and are not binding on HOOPP. They are rough estimates only based
on user-entered data.
If the service you are interested in buying back results
in a key eligibility service milestone - such as reaching 15 years of eligibility
service - the cost of the buyback will reflect that service. Reaching such
milestones means any early retirement reductions that might be applied to your
pension will be significantly reduced.
The buyback estimator may give an understated
result if you are calculating the cost of buying back part-time service,
or purchasing multiple periods of service. That is because the calculator
does not factor in the impact of receiving a full year of eligibility service
for each year of part-time service. If you are in this situation, your quote
may show a higher amount than the estimator determines.
I have read and accept the terms of the Disclaimer & Notes.
