If you no longer have an accompanying benefit under the OMERS Plan, you cannot continue your AVC account. You must withdraw or transfer the full balance of your AVC account:
- if you terminate your membership in the defined benefit provision of the OMERS Plan and transfer out the commuted value of your pension
- if you use the shortened life expectancy provision of the OMERS Plan
In addition, you must withdraw or transfer the full balance of any locked-in funds by October of the year you turn 71.