Document ID: chunk:federal_register_of_legislation:C2022C00264:schedule:1
Version: federal_register_of_legislation:C2022C00264
Segment Type: schedule
Provision Reference: sch 1
Character Range: 769383–772320

Schedule 1—Standard age retirement pension on or after attaining 65 years
Subsections 56(2) and (3)

Table 1
Rate of pension where contributory service not less than 31 years

Column 1                                                                  Column 2
Number of complete years of contributory service completed before age 65  Percentage of final annual rate of salary
31........................................                                50.25
32........................................                                50.50
33........................................                                50.75
34........................................                                51.00
35........................................                                51.25
36........................................                                51.50
37........................................                                51.75
38........................................                                52.00
39........................................                                52.25
40 or more...................................                             52.50

Table 2
Rate of pension where contributory service less than 30 years
Column 1                                          Column 2
Number of complete years of contributory service  Percentage of final annual rate of salary
29........................................        49
28........................................        48
27........................................        47
26........................................        46
25........................................        45
24........................................        44
23........................................        43
22........................................        42
21........................................        41
20........................................        40
19........................................        38
18........................................        36
17........................................        34
16........................................        32
15........................................        30
14........................................        28
13........................................        26
12........................................        24
11........................................        22
10........................................        20
9.........................................        18
8.........................................        16
7.........................................        14
6.........................................        12
5.........................................        10
4.........................................        8
3.........................................        6
2.........................................        4
1.........................................        2