To qualify for the pension plan, a reservist must work for two years. But to get an immediate pension, they would have to work for 25 years. If they retired after the two years, before four years they could get a return of contributions. After the four years, the pension plan is vested. They can elect to transfer value options, so if they become a public servant or joined the RCMP, etc., their plan is portable to that other entity. They could elect receive a deferred annuity of they've earned at age 60, or they could get what's called a reduced annuity once they hit age 50. It all depends on when they leave the plan, how many years they've worked, and what value they've earned. There are multiple combinations.
On December 14th, 2011. See this statement in context.