Monthly pension eligibility governs calculation, early reduction, deferred enhancement, service certificates, and survivor protection under the Pension Scheme.

Monthly pension is payable to members with at least ten years of eligible service as superannuation pension or early pension. Pension is calculated under the prescribed formula, with pro rata treatment for each wage-ceiling period and a cap on pensionable wages. Existing members receive transitional calculations combining post-1995 service pension and past-service pension, subject to commencement-date-specific minimums. Early pension after age fifty is reduced for each year below superannuation, while deferred pension may be increased for each completed year after superannuation. Scheme certificates preserve prior pensionable service for later covered employment.

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