Annual pension at 65
—
nominal dollars
Monthly pension at 65
—
nominal dollars
Years contributing
—
hire to age 65
Pension units by career phase — value at age 65
B737 FO
B787 FO
B737 Capt
B787 Capt
Year-by-year detail
| Age | Yr | Role | Step | Base $/hr | Inflated $/hr | Annual earnings | Contribution | Pension unit | Unit @ 65 | PA (T4 box 52) |
|---|
PA (pension adjustment) = (9 × pension unit earned in year) − $600, floored at $0. Reduces RRSP contribution room for that year (CRA T4 box 52).
Pay step = total years of service across all roles, capped at max step per table.
Pay scale compounds annually at pay scale growth rate from Jan 1 2026 base rates.
Pension unit = 9.5% × 11% of annual earnings (1% employee + 10% company).
Each unit revalued by wage inflation from year earned to age 65.