Ontario Teacher Pension Calculator (Canada)
Estimate your Ontario Teachers’ Pension Plan (OTPP) pension based on common plan rules.
Average of your best 5 consecutive years of pensionable salary.
Total years of credited service in the OTPP (max 35 for 70% factor).
OTPP allows retirement as early as age 50.
These values reflect common OTPP rules. Adjust only if your specific plan details differ.
OTPP uses 2% per year of credited service.
The average Year’s Maximum Pensionable Earnings for the period used in your HAS (e.g., 2024 YMPE is $68,500).
Factor applied to YMPE and service for bridge benefit.
One of the conditions for unreduced pension (OTPP is 65).
Another condition for unreduced pension (OTPP is 85).
OTPP uses 2.5% per point from 85 factor.
OTPP uses 5% per year under age 65 (the lesser of two reductions applies).