Gerard has worked for a forestry company for 32 years and has been a member of a final salary defined benefit pension plan for 30 years. He contributes $2,000 per year and the plan provides a pension payable for life based on 2% of the average of the last three years' earnings, i.e. (45% * MAT), (48\% * MAT) and (52\%* MAT). a) How much will Gerard receive in the form of an annuity? b) Calculate the limit on the annuity under the Tax Act. Consider a limit of $3,092.22 for the year 2020. c) Does your answer to "a" change