Benefits for Retired Members
June 2011 - Chart

Pension Calculation Chart

Pension expressed as percentage of average salary at given age and years of pensionable service (PS).

The following is an image of the Pension Calculation Chart. From left to right, the top of the chart has columns showing the Age at Option beginning at age 50 to the age of 60. On the left hand side of the chart from top to bottom the rows indicate the years of pensionable service starting at 10 years and ending at 35 years of pensionable service. For each Age at Option column which corresponds to a Years of Pensionable Service row, the chart shows the percentage of the pension payable at a given age and years of pensionable service. For example, a plan member who is age 53 at the time he makes his option and has 30 years of pensionable service would receive a pension representing 54% of his average salary.

Note: The percentages indicated in square brackets on the chart below, beginning at 25 years and extending to 35 years of pensionable service, do not apply to contributors who retired prior to age 50 and who have chosen an annual allowance.

Yrs of PS*	Age at Option
	50	51	52	53	54	55	56	57	58	59	60
10	10.0	11.0	12.0	13.0	14.0	15.0	16.0	17.0	18.0	19.0	20.0
11	11.0	12.1	13.2	14.3	15.4	16.5	17.6	18.7	19.8	20.9	22.0
12	12.0	13.2	14.4	15.6	16.8	18.0	19.2	20.4	21.6	22.8	24.0
13	13.0	14.3	15.6	16.9	18.2	19.5	20.8	22.1	23.4	24.7	26.0
14	14.0	15.4	16.8	18.2	19.6	21.0	22.4	23.8	25.2	26.6	28.0
15	15.0	16.5	18.0	19.5	21.0	22.5	24.0	25.5	27.0	28.5	30.0
16	16.0	17.6	19.2	20.8	22.4	24.0	25.6	27.2	28.8	30.4	32.0
17	17.0	18.7	20.4	22.1	23.8	25.5	27.2	28.9	30.6	32.3	34.0
18	18.0	19.8	21.6	23.4	25.2	27.0	28.8	30.6	32.4	34.2	36.0
19	19.0	20.9	22.8	24.7	26.6	28.5	30.4	32.3	34.2	36.1	38.0
20	20.0	22.0	24.0	26.0	28.0	30.0	32.0	34.0	36.0	38.0	40.0
21	21.0	23.1	25.2	27.3	29.4	31.5	33.6	35.7	37.8	39.9	42.0
22	22.0	24.2	26.4	28.6	30.8	33.0	35.2	37.4	39.6	41.8	44.0
23	23.0	25.3	27.6	29.9	32.2	34.5	36.8	39.1	41.4	43.7	46.0
24	24.0	26.4	28.8	31.2	33.6	36.0	38.4	40.8	43.2	45.6	48.0
25	[37.5]does not apply to contributors who retired prior to age 50	[37.5]does not apply to contributors who retired prior to age 50	[37.5]does not apply to contributors who retired prior to age 50	[37.5]does not apply to contributors who retired prior to age 50	[37.5]does not apply to contributors who retired prior to age 50	37.5	40.0	42.5	45.0	47.5	50.0
26	[39.0]does not apply to contributors who retired prior to age 50	[41.6]does not apply to contributors who retired prior to age 50	[41.6]does not apply to contributors who retired prior to age 50	[41.6]does not apply to contributors who retired prior to age 50	[41.6]does not apply to contributors who retired prior to age 50	[41.6]does not apply to contributors who retired prior to age 50	41.6	44.2	46.8	49.4	52.0
27	[40.5]does not apply to contributors who retired prior to age 50	[43.2]does not apply to contributors who retired prior to age 50	[45.9]does not apply to contributors who retired prior to age 50	[45.9]does not apply to contributors who retired prior to age 50	[45.9]does not apply to contributors who retired prior to age 50	[45.9]does not apply to contributors who retired prior to age 50	[45.9]does not apply to contributors who retired prior to age 50	45.9	48.6	51.3	54.0
28	[42.0]does not apply to contributors who retired prior to age 50	[44.8]does not apply to contributors who retired prior to age 50	[47.6]does not apply to contributors who retired prior to age 50	[50.4]does not apply to contributors who retired prior to age 50	[50.4]does not apply to contributors who retired prior to age 50	[50.4]does not apply to contributors who retired prior to age 50	[50.4]does not apply to contributors who retired prior to age 50	[50.4]does not apply to contributors who retired prior to age 50	50.4	53.2	56.0
29	[43.5]does not apply to contributors who retired prior to age 50	[46.4]does not apply to contributors who retired prior to age 50	[49.3]does not apply to contributors who retired prior to age 50	[52.2]does not apply to contributors who retired prior to age 50	[55.1]does not apply to contributors who retired prior to age 50	[55.1]does not apply to contributors who retired prior to age 50	[55.1]does not apply to contributors who retired prior to age 50	[55.1]does not apply to contributors who retired prior to age 50	[55.1]does not apply to contributors who retired prior to age 50	55.1	58.0
30	[45.0]does not apply to contributors who retired prior to age 50	[48.0]does not apply to contributors who retired prior to age 50	[51.0]does not apply to contributors who retired prior to age 50	[54.0]does not apply to contributors who retired prior to age 50	[57.0]does not apply to contributors who retired prior to age 50	[60.0]does not apply to contributors who retired prior to age 50	[60.0]does not apply to contributors who retired prior to age 50	[60.0]does not apply to contributors who retired prior to age 50	[60.0]does not apply to contributors who retired prior to age 50	[60.0]does not apply to contributors who retired prior to age 50	60.0
31	[46.5]does not apply to contributors who retired prior to age 50	[49.6]does not apply to contributors who retired prior to age 50	[52.7]does not apply to contributors who retired prior to age 50	[55.8]does not apply to contributors who retired prior to age 50	[58.9]does not apply to contributors who retired prior to age 50	[62.0]does not apply to contributors who retired prior to age 50	[62.0]does not apply to contributors who retired prior to age 50	[62.0]does not apply to contributors who retired prior to age 50	[62.0]does not apply to contributors who retired prior to age 50	[62.0]does not apply to contributors who retired prior to age 50	62.0
32	[48.0]does not apply to contributors who retired prior to age 50	[51.2]does not apply to contributors who retired prior to age 50	[54.4]does not apply to contributors who retired prior to age 50	[57.6]does not apply to contributors who retired prior to age 50	[60.8]does not apply to contributors who retired prior to age 50	[64.0]does not apply to contributors who retired prior to age 50	[64.0]does not apply to contributors who retired prior to age 50	[64.0]does not apply to contributors who retired prior to age 50	[64.0]does not apply to contributors who retired prior to age 50	[64.0]does not apply to contributors who retired prior to age 50	64.0
33	[49.5]does not apply to contributors who retired prior to age 50	[52.8]does not apply to contributors who retired prior to age 50	[56.1]does not apply to contributors who retired prior to age 50	[59.4]does not apply to contributors who retired prior to age 50	[62.7]does not apply to contributors who retired prior to age 50	[66.0]does not apply to contributors who retired prior to age 50	[66.0]does not apply to contributors who retired prior to age 50	[66.0]does not apply to contributors who retired prior to age 50	[66.0]does not apply to contributors who retired prior to age 50	[66.0]does not apply to contributors who retired prior to age 50	66.0
34	[51.0]does not apply to contributors who retired prior to age 50	[54.4]does not apply to contributors who retired prior to age 50	[57.8]does not apply to contributors who retired prior to age 50	[61.2]does not apply to contributors who retired prior to age 50	[64.6]does not apply to contributors who retired prior to age 50	[68.0]does not apply to contributors who retired prior to age 50	[68.0]does not apply to contributors who retired prior to age 50	[68.0]does not apply to contributors who retired prior to age 50	[68.0]does not apply to contributors who retired prior to age 50	[68.0]does not apply to contributors who retired prior to age 50	68.0
35	[52.5]does not apply to contributors who retired prior to age 50	[56.0]does not apply to contributors who retired prior to age 50	[59.5]does not apply to contributors who retired prior to age 50	[63.0]does not apply to contributors who retired prior to age 50	[66.5]does not apply to contributors who retired prior to age 50	[70.0]does not apply to contributors who retired prior to age 50	[70.0]does not apply to contributors who retired prior to age 50	[70.0]does not apply to contributors who retired prior to age 50	[70.0]does not apply to contributors who retired prior to age 50	[70.0]does not apply to contributors who retired prior to age 50	70.0

* Pensionable Service