Understand your member benefit statement

You will receive an annual statement showing useful information about your pension, including estimates of your future pension payments.


Your plan is changing on January 1, 2022. If you do not work in public safety as either a police officer or firefighter, you are a member of group 1, and the estimates provided in the 2020 Member’s benefit statement reflect the plan changes effective January 1, 2022.

If you work in public safety as either a police officer or firefighter, you are a member of group 2 or 5. The estimates in your statement provided do not reflect the plan changes for these two groups. You can run updated estimates using the personalized pension estimator in My Account.


The annual Member’s Benefit Statement shows:

Your personal information
This includes:

  • Your name
  • Your Person ID number
  • Your date of birth
  • Your spouse’s name
  • Your spouse’s date of birth
  • The date you began contributing to your pension

Your beneficiary
This shows the beneficiary(ies) you have named for a pension benefit if you die before you retire.

Your estimated monthly pension benefit
This shows up to four estimates of the lifetime monthly pension you may receive if you retire on one of the dates shown. These estimates assume that you continue to earn the same salary and service that you did in the past year.

This section also shows up to two estimates of the lifetime monthly pension you may receive if you stopped working last December 31, left your money in the plan and retire on one of the dates shown.

Your pensionable earnings and service
This shows your pensionable earnings, which is the portion of your salary used to determine your contributions to the plan. It also shows your pensionable service, which is your actual working time as a plan member. You earn one month of pensionable service for each full month of full-time work that you complete.

If you are a full-time shift worker, and you work all shifts available to you, you should receive full pensionable service even if you don’t work a regular number of hours per week or month, as long as you don’t take an unpaid leave of absence. This is true even if your shift rotation changes during the year.

Check your Member’s Benefit Statement to make sure your full service is recorded, and if you have questions, talk to your employer.

Your contributory service is also shown. This is the number of months you and your employer contributed to the plan. You earn one month of contributory service for each month you contribute.

Your contributions
This shows the amount you have contributed:

  • Over the plan’s fiscal year
  • Since you began contributing to the plan

Your contributions do not reflect the value of your pension. The value of your lifetime monthly pension is based on:

  • Your pensionable service
  • The average of your highest five years of salary
  • Your age at retirement

Your statement will also show your special agreement contributions, if applicable.

Shift work and pensionable service

If you are a full-time employee and don’t take any unpaid leaves of absence, you should be credited with a full year of pensionable service. This is true even if you don’t work a regular number of hours per week or month and if your shift rotation changes during the year.

To make sure you receive your full pensionable service, check your Member’s Benefit Statement each year.

If you work full time, you should see 12 months of pensionable service listed in section 4 of your statement.


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Related document for your member benefit statement

View an example of a Member's Benefit Statement