RESIGNATION OR DISMISSAL
AMOUNT OF BENEFIT
| CASH = | 8% x Final Average Annual Salary (including bonus) x Pensionable Service |
| PLUS | |
| Additional 10% (max 100%) for each completed year of service after 6 years as per scale below. |
SCALE
| Number of years | Percentage |
| Less than 6 | Nil |
| More than 6 years | 10% |
| More than 7 years | 20% |
| More than 8 years | 30% |
| More than 9 years | 40% |
| More than 10 years | 50% |
| More than 11 years | 60% |
| More than 12 years | 70% |
| More than 13 years | 80% |
| More than 14 years | 90% |
| 15 years and more | 100% |