Article II 2.02 Amount of Retirement Pension 

Subject to the provisions of Article II 1.13, the amount of the retirement pension at the applicable retirement age, or of the deferred pension, shall  be  calculated by  taking:  

a) for members who joined the Fund on or before 31 December 2011, 2% of the Basis for the Calculation of Benefits, as set out in Article II 1.08, for each year of membership, up to a maximum of 35 years;

b) for members who joined the Fund on or after 1 January 2012, 1.85% of the Basis for the Calculation of Benefits, as set out in Article II 1.08, for each year of membership, up to a maximum of 37 years and 10 months.

Notwithstanding Article II 1.08, the retirement pension thus calculated may not be higher than the final basic salary of the member. 
This limit shall be reduced proportionally when the calculation is on the basis of less than the aforementioned applicable maximum period.