224.8. The annual amount of a judge’s pension is equal to the amount obtained by multiplying the judge’s average salary by 1.5% per year of credited service. That amount, however, shall not exceed the amount obtained by multiplying the defined benefit limit applicable under the Income Tax Act (Revised Statutes of Canada, 1985, chapter 1, 5th Supplement) for the year in which the judge retires, by the number of years of credited service.
Notwithstanding the first paragraph, the annual amount of a judge’s pension, including the amounts to which the judge is entitled as supplementary benefits under the plan established pursuant to the second paragraph of section 122, shall not exceed 65% of the judge’s average salary.