How we calculate your pension

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

1. How we calculate your pension for regular members

3. How we calculate your pension for correctional officers

2. How we calculate your pension for ambulance paramedics

4. Factors that affect your monthly pension payment

How we calculate your pension for regular members

For service earned before April 1, 2018, 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

For service earned on or after April 1, 2018, the pension formula does not include a bridge benefit. The formula is simplified and uses one accrual rate, multiplied by your HAS and your YPS.

When you earned your service	Type of benefit	Formula
Before April 1, 2006	Lifetime pension	(1.35% x HAS up to YMPE + 2% x HAS over YMPE) x YPS
Before April 1, 2006	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
April 1, 2006 to March 31, 2018*	Bridge	0.35% x HAS up to YMPE x YPS
April 1, 2018 to March 31, 2022	Lifetime pension only	1.85% x HAS x YPS
On or after April 1, 2022	Lifetime pension only	1.95% x HAS x YPS