Eligibility and Reduced/Unreduced Distinction
There are two components to eligibility: your pensionable service and your age.
Your Pensionable Service:
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If you were a MLA on November 1, 2013 or became a MLA subsequent to that date: you must have at least two years of service to be eligible for pension benefits.
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If you were not a MLA on November 1, 2013 and did not become a MLA subsequent to that date: you must have at least five years of service and have been elected at least twice, i.e. two general elections or a by-election and a general election, to be eligible for pension benefits.
Your Age:
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To be eligible for an unreduced pension, you must be at least 55 years of age.
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A reduced pension is payable as early as age 50. The reduction factor is 0.5% for each month from your actual age to age 55.
IMPORTANT:
If you were first elected on or after October 8, 2013:
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To be eligible for an unreduced pension, you must be at least 55 years of age with at least 2 years of service
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To be eligible for a reduced pension, you must be at least 50 years of age with at least 2 years of service.
NOTE: A MLA can retire on their birthday, when eligible for a pension, and the pension is pro-rated for that month. If they do not retire on their birthday, they must retire at the end of a month.
