Pension estimator

Estimate your pension

Find out when you can retire and how much your pension could be.

All you need is:

  • Your birth date
  • Your salary
  • How long you’ve worked for your employer.

The data you enter is not stored in the estimator. Use it as often as you like for your personal retirement planning.

Video: How to use the Estimator


Before using this estimator, please read the Terms of Use.

I have read and understood the Terms of Use

1

Start your estimate

Help

Indicate whether or not you are using information from your Annual Statement.

Will you be using the information from your Annual Statement?

Select your Statement "year ending" date.

Your Statement "year ending" is:

Indicate whether you are working full-time or part-time hours.

Enter a number between 1% and 99% of full-time hours.

You currently work
or at % of full-time hours.

You must be between the ages of 16 and 71 to calculate a pension. Please refer to the "Help" file for more information.

What is your date of birth? (Select year first, followed by the month and the day.)

2

Enter your earnings and service

Help Help

Enter valid service.

How much pensionable service do you have in the Plan (based on your Annual Statement)? How much pensionable service did you have in the Plan (as of the end of year 2014)?
Years (5 decimals):

Enter an amount between $1,000 and $600,000.

What are your Highest Average Pensionable Earnings (based on your Annual Statement)? What will your actual earnings be this year? What will your actual earnings be this year? (i.e. your actual gross earnings based on your part-time hours worked)
(eg. 55,555)

Select a rate between 0% and 5%.

You estimate your Highest Average Pensionable Earnings will increase annually by You estimate your earnings will increase annually by

3

Your pension estimates

Help

You are over 65 therefore the retirement pension shown is as of the end of the current month.

To estimate your pension as of a later date, choose a different retirement date or age below.

This estimate was prepared for .

Your annual pension estimates are shown below. For additional details, click on the arrow.

Your annual pension estimates are shown below. Early retirement pensions include a bridge benefit, payable until age 65. To see your bridge benefit amount, the estimated monthly pension, and additional details, click on the arrow.

For even more retirement options, choose a different retirement date or age, below.

Earliest reduced pension / year Date: Age:

On your projected earliest reduced retirement date, your pension is estimated to be:

Annual Monthly
Lifetime pension
Bridge benefit
(payable until 65)

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 60/20 Rule.

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 85 Factor.

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 60/20 Rule.

You will be eligible to retire early with a reduced pension because you will be between age 50 - 54 with 20 or more years of pensionable service.

You will be eligible to retire early with a reduced pension because you will be age 55 – 64.

You will be eligible to retire early with a reduced pension because you will be between age 50 - 54 with 20 or more years of pensionable service.

Your lifetime pension and bridge benefit shown above are reduced by % because you will not have met the criteria for an unreduced pension.

Bridge benefit

The bridge benefit is a temporary monthly payment made to members who retire before age 65 paid until you turn 65. Your bridge benefit will be reduced by the same reduction factor as your lifetime pension.

Your pension estimates are based on the pension formula, and projections made using the data you entered. For explanations and definitions, click the “Help” button.

Projections

Estimated pensionable service at your earliest reduced retirement date:  years
Estimated HAPE at your earliest reduced retirement date:
Estimated AYMPE at your earliest reduced retirement date:

Your name:
Annual Statement Year: N/A Pensionable service:  years
Hours: HAPE: Actual earnings:
DOB: HAPE increase: Earnings increase:

The Pension Estimator assumes the service you entered was accrued with the CAAT Pension Plan. If your pension amount exceeds the maximum pension that can be paid from the CAAT Pension Plan under the Income Tax Act, any excess above the maximum at your retirement date may be paid from the CAAT Retirement Compensation Arrangement (CAAT RCA) if your employer participates in the CAAT RCA. However, you are not entitled to any CAAT RCA benefits in respect of purchased or transferred service unless the service has been separately purchased under the CAAT RCA. Purchases and transfers into the CAAT RCA would be transactions separate from those under the CAAT Pension Plan and are costed on a different basis than the CAAT Pension Plan.

Earliest unreduced pension / year Date: Age:

On your projected earliest unreduced retirement date, your pension is estimated to be:

Annual Monthly
Lifetime pension
Bridge benefit
(payable until 65)

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 60/20 Rule.

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 85 Factor.

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 60/20 Rule.

You will be eligible to retire early with a reduced pension because you will be between age 50 - 54 with 20 or more years of pensionable service.

You will be eligible to retire early with a reduced pension because you will be age 55 – 64.

You will be eligible to retire early with a reduced pension because you will be between age 50 - 54 with 20 or more years of pensionable service.

Your lifetime pension and bridge benefit shown above are reduced by % because you will not have met the criteria for an unreduced pension.

Bridge benefit

The bridge benefit is a temporary monthly payment made to members who retire before age 65 paid until you turn 65. Your bridge benefit will be reduced by the same reduction factor as your lifetime pension.

Your pension estimates are based on the pension formula, and projections made using the data you entered. For explanations and definitions, click the “Help” button.

Projections

Estimated pensionable service at your earliest unreduced retirement date:  years
Estimated HAPE at your earliest unreduced retirement date:
Estimated AYMPE at your earliest unreduced retirement date:

Your name:
Annual Statement Year: N/A Pensionable service:  years
Hours: HAPE: Actual earnings:
DOB: HAPE increase: Earnings increase:

The Pension Estimator assumes the service you entered was accrued with the CAAT Pension Plan. If your pension amount exceeds the maximum pension that can be paid from the CAAT Pension Plan under the Income Tax Act, any excess above the maximum at your retirement date may be paid from the CAAT Retirement Compensation Arrangement (CAAT RCA) if your employer participates in the CAAT RCA. However, you are not entitled to any CAAT RCA benefits in respect of purchased or transferred service unless the service has been separately purchased under the CAAT RCA. Purchases and transfers into the CAAT RCA would be transactions separate from those under the CAAT Pension Plan and are costed on a different basis than the CAAT Pension Plan.

Normal retirement pension / year Date: Age:

On your projected normal retirement date, your pension is estimated to be:

Annual Monthly
Lifetime pension
Bridge benefit
(payable until 65)

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 60/20 Rule.

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 85 Factor.

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 60/20 Rule.

You will be eligible to retire early with a reduced pension because you will be between age 50 - 54 with 20 or more years of pensionable service.

You will be eligible to retire early with a reduced pension because you will be age 55 – 64.

You will be eligible to retire early with a reduced pension because you will be between age 50 - 54 with 20 or more years of pensionable service.

Your lifetime pension and bridge benefit shown above are reduced by % because you will not have met the criteria for an unreduced pension.

Bridge benefit

The bridge benefit is a temporary monthly payment made to members who retire before age 65 paid until you turn 65. Your bridge benefit will be reduced by the same reduction factor as your lifetime pension.

Your pension estimates are based on the pension formula, and projections made using the data you entered. For explanations and definitions, click the “Help” button.

Projections

Estimated pensionable service at your normal retirement date:  years
Estimated HAPE at your normal retirement date:
Estimated AYMPE at your normal retirement date:

Your name:
Annual Statement Year: N/A Pensionable service:  years
Hours: HAPE: Actual earnings:
DOB: HAPE increase: Earnings increase:

The Pension Estimator assumes the service you entered was accrued with the CAAT Pension Plan. If your pension amount exceeds the maximum pension that can be paid from the CAAT Pension Plan under the Income Tax Act, any excess above the maximum at your retirement date may be paid from the CAAT Retirement Compensation Arrangement (CAAT RCA) if your employer participates in the CAAT RCA. However, you are not entitled to any CAAT RCA benefits in respect of purchased or transferred service unless the service has been separately purchased under the CAAT RCA. Purchases and transfers into the CAAT RCA would be transactions separate from those under the CAAT Pension Plan and are costed on a different basis than the CAAT Pension Plan.

Estimated pension / year Date: Age:

On your projected estimated retirement date, your pension is estimated to be:

Annual Monthly
Lifetime pension
Bridge benefit
(payable until 65)

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 60/20 Rule.

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 85 Factor.

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 60/20 Rule.

You will be eligible to retire early with a reduced pension because you will be between age 50 - 54 with 20 or more years of pensionable service.

You will be eligible to retire early with a reduced pension because you will be age 55 – 64.

You will be eligible to retire early with a reduced pension because you will be between age 50 - 54 with 20 or more years of pensionable service.

Your lifetime pension and bridge benefit shown above are reduced by % because you will not have met the criteria for an unreduced pension.

Bridge benefit

The bridge benefit is a temporary monthly payment made to members who retire before age 65 paid until you turn 65. Your bridge benefit will be reduced by the same reduction factor as your lifetime pension.

Your pension estimates are based on the pension formula, and projections made using the data you entered. For explanations and definitions, click the “Help” button.

Projections

Estimated pensionable service at your estimated retirement date:  years
Estimated HAPE at your estimated retirement date:
Estimated AYMPE at your estimated retirement date:

Your name:
Annual Statement Year: N/A Pensionable service:  years
Hours: HAPE: Actual earnings:
DOB: HAPE increase: Earnings increase:

The Pension Estimator assumes the service you entered was accrued with the CAAT Pension Plan. If your pension amount exceeds the maximum pension that can be paid from the CAAT Pension Plan under the Income Tax Act, any excess above the maximum at your retirement date may be paid from the CAAT Retirement Compensation Arrangement (CAAT RCA) if your employer participates in the CAAT RCA. However, you are not entitled to any CAAT RCA benefits in respect of purchased or transferred service unless the service has been separately purchased under the CAAT RCA. Purchases and transfers into the CAAT RCA would be transactions separate from those under the CAAT Pension Plan and are costed on a different basis than the CAAT Pension Plan.


Please enter an age within the specified range.

Choose a different retirement age (between 50 and 71): Calculate
Custom age pension / year Date: Age:

On your projected selected retirement age, your pension is estimated to be:

Annual Monthly
Lifetime pension
Bridge benefit
(payable until 65)

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 60/20 Rule.

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 85 Factor.

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 60/20 Rule.

You will be eligible to retire early with a reduced pension because you will be between age 50 - 54 with 20 or more years of pensionable service.

You will be eligible to retire early with a reduced pension because you will be age 55 – 64.

You will be eligible to retire early with a reduced pension because you will be between age 50 - 54 with 20 or more years of pensionable service.

Your lifetime pension and bridge benefit shown above are reduced by % because you will not have met the criteria for an unreduced pension.

Bridge benefit

The bridge benefit is a temporary monthly payment made to members who retire before age 65 paid until you turn 65. Your bridge benefit will be reduced by the same reduction factor as your lifetime pension.

Your pension estimates are based on the pension formula, and projections made using the data you entered. For explanations and definitions, click the “Help” button.

Projections

Estimated pensionable service at your selected retirement age:  years
Estimated HAPE at your selected retirement age:
Estimated AYMPE at your selected retirement age:

Your name:
Annual Statement Year: N/A Pensionable service:  years
Hours: HAPE: Actual earnings:
DOB: HAPE increase: Earnings increase:

The Pension Estimator assumes the service you entered was accrued with the CAAT Pension Plan. If your pension amount exceeds the maximum pension that can be paid from the CAAT Pension Plan under the Income Tax Act, any excess above the maximum at your retirement date may be paid from the CAAT Retirement Compensation Arrangement (CAAT RCA) if your employer participates in the CAAT RCA. However, you are not entitled to any CAAT RCA benefits in respect of purchased or transferred service unless the service has been separately purchased under the CAAT RCA. Purchases and transfers into the CAAT RCA would be transactions separate from those under the CAAT Pension Plan and are costed on a different basis than the CAAT Pension Plan.


Please enter a date within the specified range.

Choose a different retirement date
(between and ) : Calculate
Custom date pension / year Date: Age:

On your projected selected retirement date, your pension is estimated to be:

Annual Monthly
Lifetime pension
Bridge benefit
(payable until 65)

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 60/20 Rule.

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 85 Factor.

You will be eligible to retire early with an unreduced pension because you will have met the criteria for the 60/20 Rule.

You will be eligible to retire early with a reduced pension because you will be between age 50 - 54 with 20 or more years of pensionable service.

You will be eligible to retire early with a reduced pension because you will be age 55 – 64.

You will be eligible to retire early with a reduced pension because you will be between age 50 - 54 with 20 or more years of pensionable service.

Your lifetime pension and bridge benefit shown above are reduced by % because you will not have met the criteria for an unreduced pension.

Bridge benefit

The bridge benefit is a temporary monthly payment made to members who retire before age 65 paid until you turn 65. Your bridge benefit will be reduced by the same reduction factor as your lifetime pension.

Your pension estimates are based on the pension formula, and projections made using the data you entered. For explanations and definitions, click the “Help” button.

Projections

Estimated pensionable service at your selected retirement date:  years
Estimated HAPE at your selected retirement date:
Estimated AYMPE at your selected retirement date:

Your name:
Annual Statement Year: N/A Pensionable service:  years
Hours: HAPE: Actual earnings:
DOB: HAPE increase: Earnings increase:

The Pension Estimator assumes the service you entered was accrued with the CAAT Pension Plan. If your pension amount exceeds the maximum pension that can be paid from the CAAT Pension Plan under the Income Tax Act, any excess above the maximum at your retirement date may be paid from the CAAT Retirement Compensation Arrangement (CAAT RCA) if your employer participates in the CAAT RCA. However, you are not entitled to any CAAT RCA benefits in respect of purchased or transferred service unless the service has been separately purchased under the CAAT RCA. Purchases and transfers into the CAAT RCA would be transactions separate from those under the CAAT Pension Plan and are costed on a different basis than the CAAT Pension Plan.


Your name (optional):   

This estimate was prepared for .

Terms of Use

The Pension Estimator was developed to provide basic pension estimates only. Results are based on information provided by you, and are neither reviewed nor verified by the CAAT Pension Plan.

The Pension Estimator uses the data you enter, and makes projections into the future to arrive at your possible normal and earliest (reduced and unreduced) retirement dates, and an approximate pension.

The projections are based on the earnings increase rate you enter, which cannot be accurately verified.

These estimates are not binding on the CAAT Pension Plan. Your actual entitlement to a pension, and its amount, will be officially calculated by the CAAT Pension Plan only at the date of your retirement.

IMPORTANT

The Pension Estimator does projections of future earnings; the further you are from your retirement date, the less accurate your estimate will be.

The data you enter into the Pension Estimator is not saved or sent to the CAAT Pension Plan or your employer. You may print the result page for future reference.

To simplify your data entry, we recommend using the data found on your most recent Annual Pension Statement.

In the CAAT Pension Plan, pensions are calculated as of the last day of the month prior to your retirement date. The "Normal Pension" is calculated as of the last day of the month in which you turn 65

Benefits payable under a registered pension plan, such as the CAAT Pension Plan are capped at the Income Tax Act (ITA) Maximum pension limit. If, upon retirement, your actual pension were to exceed the ITA maximum then in effect, the excess pension above the maximum may be paid out of the CAAT Retirement Compensation Arrangement (CAAT RCA) if your employer participates in the CAAT RCA.

However, you are not entitled to any CAAT RCA benefits in respect of purchased or transferred service unless the service has been separately purchased under the CAAT RCA. Purchases and transfers into the CAAT RCA would be transactions separate from those under the CAAT Pension Plan and are costed on a different basis than the CAAT Pension Plan.

Use of the Pension Estimator does not imply entitlement to a pension.