According to the redemption criteria for retirement, from the time you receive a retirement pension, you can submit a redemption request for the share you hold.
The shareholder must be at least 55 years of age, receive or be set to receive within three months of the request, a life annuity under a pension plan, an annuity under a registered retirement savings plan or a deferred profit-sharing plan or payments under a registered retirement income fund, unless such annuity or payment is received because of the death of his or her spouse.
The Fonds de solidarité FTQ form
a copy of proof of payment of one of the following retirement benefits, such as a pension cheque, Relevé 2 or T4A slip:
- pension benefits under an employer’s pension plan or a declaration by the employer confirming the retirement;
- periodic payments under a registered retirement income fund (RRIF – LIF);
- annuity under a deferred profit-sharing plan (DPSP);
- pension under a registered retirement savings plan (RRSP).
All shares held for at least 730 days.