Special 20- and 25-Year Plans

For PFRS Tier 2, 3 (Article 11), 5 and 6 Members, (Sections 384, 384-d and 384-e)

Special 20- and 25-Year Plans
For PFRS Tier 2, 3 (Article 11), 5 and 6 Members
(Sections 384, 384-d and 384-e)

Your FAE calculation may be limited based on your tier. Earnings above the limit will not be included in your pension calculation. For examples of how the limit is calculated, visit our Final Average Earnings page.

Tiers 2, 3 (Article 11) and 5

If the earnings in any 12-month period in your FAE exceed the average of the previous two years by more than 20 percent, the amount above 20 percent will not be included in your FAE calculation.

Tier 6

If the earnings in any 12-month period in your FAE exceed the average of the previous two years by more than 10 percent, the amount above 10 percent will not be included in your FAE calculation.*

*Note: Legislation changed the FAE calculation for Tier 6 members. For members who retired before April 1, 2024, the limit was based on the average of the previous four years.