Calculating Your Monthly Pension

The amount of the monthly pension benefit you will receive is based on the following formula:

  • 1.5% of your highest average earnings up to the CPP’s Year’s Maximum Pensionable Earnings (YMPE)
  • Plus 2.0% of your highest average earnings over the YMPE
  • Multiplied by your years of credited service
  • Divided by 12.

Please refer to the Glossary - Pension Terms section for a definition of YMPE. 

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Disclaimer - This website provides a basic overview of the Healthcare Employees' Pension Plan (HEPP) and the Healthcare Employees' Benefits Plan (HEBP) (collectively the HEB Manitoba Pension and Benefit Plans). Not all employers participate in all Plans. Please check your eligibility for benefits with your employer.

HEB Manitoba is a name notation registered by the Healthcare Employees’ Pension Plan – Manitoba and the Healthcare Employees’ Benefits Plan – Manitoba and under which each of their respective undertakings is carried out.

The information on this website is for convenience of reference only and has no official sanction. View our full disclaimer here.