How we calculate your pension

We calculate your pension based on your years of service and the average of your five highest years of salary.


How we calculate your pension for correctional members

Your pension includes your lifetime pension and bridge benefit:

  • Your lifetime pension will be calculated using your highest average salary (HAS), the year’s maximum pensionable earnings (YMPE) and your years of pensionable service (YPS)
  • The bridge benefit will be added to your lifetime pension and will be payable from your date of retirement until age 65 or death, whichever comes first
When you earned your service Type of benefit Formula
Before April 1, 2006 and after March 31, 2018 Lifetime pension (1.35% HAS up to YMPE +2% x HAS over YMPE) x YPS
Bridge 0.65% x HAS up to YMPE x YPS
April 1, 2006 to March 31, 2018* Lifetime pension (1.65% x HAS up to YMPE + 2% x HAS over YMPE) x YPS
Bridge 0.35% x HAS up to YMPE x YPS

* Effective October 1, 2019


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