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DBplus Value Tool

This simple tool estimates the value of a pension in DBplus by the CAAT Pension Plan. With just a few pieces of information, get an estimate of the valuable lifetime retirement income you could earn in DBplus.

Need help? Click the “Help” button to learn more.

Try the DBplus Value Tool if:

  • You are not currently a member of the CAAT Pension Plan.
  • Your employer is considering joining the CAAT Pension Plan, under the terms of DBplus.

How does it work?

You enter your birth date and earnings, and the tool projects your pension. The Value Tool shows your pension at age 65, and the amount of pension you would earn after only one year of membership. Once you've seen the Annual Pension, click the "Show the value of my pension" button to see the value of a lifetime of pension payments compared to your contributions.

You can also adjust some of the key assumptions, for example retirement date, to model different scenarios.

NEW: Get an estimate of the value of a purchase.

Terms of Use

The DBplus Value Tool was developed to illustrate the value of a DBplus lifetime pension. Results are based on information you provide, and are not reviewed or verified by the CAAT Pension Plan, or your employer.

The DBplus Value Tool allows users to adjust various assumptions related to your retirement, your employment, and to the DBplus plan itself, to test different retirement scenarios. It uses the data you enter to make projections into the future to arrive at retirement dates, approximate pension, contributions, and increases through indexation.

Other assumptions are built into the DBplus Value Tool based on the Plan's actuarial assumptions and/or Plan terms. You can learn more on our website.

Use of the DBplus Value Tool does not imply entitlement to a pension.

These estimates are not binding on the CAAT Pension Plan, or your employer.

The results from the DBplus Value Tool should not be considered financial advice.

IMPORTANT
  • The data you enter into the DBplus Value Tool is not saved or sent to the CAAT Pension Plan or your employer. You may print the result page for future reference.
  • In the CAAT Pension Plan, pensions are calculated as of the last day of the month prior to your retirement date.
  • Benefits payable under a registered pension plan, such as the CAAT Pension Plan are capped at the Income Tax Act (ITA) Maximum pension limit.
  • Use of the DBplus Value Tool does not imply entitlement to a pension.
  • Use of the DBplus Value Tool does not imply entitlement to a purchase under DBplus. If you were to make an actual purchase, please note that the amount that may be contributed is the lesser of 18% of applicable earnings (T4 earnings in respect of the period of time eligible for purchase under the Plan terms) and the amount available to transfer from a registered savings arrangement (RRSP or LIRA). The tool does not validate that the funds you input for the purposes of the purchase estimate are eligible for purchase.
  • You can learn more about the assumptions in the “Help” files.

To accept the Terms of Use, check the button on the right and click “Start”.

Calculation assumptions
Basic information
After you have made changes, click on "Calculate" to see the impact on your pension. Click "Reset" to go back to the original. For details on the impact of each assumption, refer to the "Help" files.
Enter required values to start projection

Click “Show the value of my pension” above to see the excellent value a pension from DBplus provides over your lifetime in retirement.

Enter required values to start projection

Click “Show the value of my pension” above to see the excellent value a pension from DBplus provides over your lifetime in retirement.