Monthly payments can make it easier to manage the cost of buying back service. Payments are made over 12, 24 or 36 months through pre-authorized debit withdrawals from your bank account. The service is credited as your monthly payments are received.
If you have to stop payments during the payment period, or if there is still service remaining at the end of the period, OMERS can recalculate the cost and set up a new monthly payment schedule for you.