There are three primary calculations used when member retires under the Traditional or Portable plan:
- General Formula
- Money Purchase Calculation (not available to participants hired on or after July 1, 2005)
- Minimum Annuity
In addition, there is a special formula calculation for Police/Firefighters and a Supplemental Minimum Annuity Guarantee.
For further information on the formula calculations, please refer to the Traditional or Portable member guide.
