But wouldn't he get a OPRSP pension plus the IAP? Do you know what part of his income would qualify for the pension calculation (I know there is a question if the termination money would count, but I wonder if it is just the base salary or other parts count as well). If the total compensation counts without termination money, wouldn't he get a top PERS payout even under the new system?
1.5% x years of employment x average salary final 3 years,
So Helfrich could also get .015x8x$2M, maybe = $240,000 a year.