If I quit my job, what happens to my pension plan or fund with my former employer?
You have several options:
Transfer the accumulated funds to a Locked-In Retirement Account
(LIRA).
When you retire, the funds can be transferred to a Life Income Fund
(LIF)
so you can make withdrawals.
Transfer the funds to your new employer's pension plan.
Leave the funds in your former employer's pension plan and receive a
pension after retirement.