The Tier2/2A/3 pension breakpoint has been updated for 2017, the breakpoint is now $77,889.
To the advantage of members, the breakpoint has increased by roughly 3.6% for the past 3 years. This is a huge improvement compared with the first 30 years in which the breakpoint rose by 6% per year.
Tier2/2A/3 has a multiplier of 1.4% times years of service times salary and an increase of .4333% times years of service for salary above the breakpoint.
This means that your pension will be roughly calculated as such:
.014 x YrsOfService x AvgSalary
+
.004333 x YrsOfService x