relative of yours has been a member of a defined pension plan for 12 years. The plan offers a pension payment based on 2% of a members pensionable earnings. The plan uses the member's last three years of earnings in determining the pension to be paid. Based on the above facts and following income information, what amount of pension would the family member receive if he/she retired as of December 31, 2016. Year Pensionable Income 2016 $55,000 2015 $52,000 2014 $48,000 2013 $48,000.