Ontario teacher pension calculator

Estimate when you may reach an unreduced pension and what it could pay before age 65.

Use your five highest annual salaries, averaged, or your current salary as a rough guide.

A rough illustration using OTPP's rules: unreduced at your 85 factor (age + years) or age 65, and 2% × years × best-five salary. It assumes your qualifying years and pension credit are the same, with full-time service continuing until retirement, and doesn't model the drop at 65 when the pension integrates with CPP. Your pension after age 65 and early-retirement reductions depend on your record. For a personal estimate, use your Ontario Teachers’ Pension Plan account. Not affiliated with the Ontario Teachers' Pension Plan.

How your teacher pension works

The 85 factor
Age + qualifying years of service = 85. Reach that (or age 65) and your pension is unreduced. A year with a full qualifying year of service adds two to the factor: one for age and one for service.
The formula
2% × credited years × your best-five-year average salary. Thirty years on an $85,000 average is about $51,000 a year.
Retiring early
You can draw a reduced pension from age 50. The cut is the lesser of 2.5% per point below your 85 factor or 5% per year under 65.
The bridge benefit at age 65
OTPP is integrated with CPP, so the amount above steps down at 65 (a bridge benefit ends the month after you turn 65). The amount changes with your pension details; check your personal OTPP estimate.
Contributions
Members contribute 10.4% of salary up to the CPP limit and 12.0% above it, matched by the Ontario government and participating employers. The CPP limit changes each year: $71,300 for 2025 and $74,600 for 2026.

This is an educational estimate, not advice or an official OTPP quote. For exact numbers, log in to otpp.com. Not affiliated with the Ontario Teachers' Pension Plan.

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