DBplus Employer Pension Estimator

Use this estimator if your employer joined DBplus after 2019 or required a voting process.

Granite Club

This simple tool estimates the value of merging into the CAAT Pension Plan under the DBplus plan design. With just a few pieces of information from your Notice of Proposed Merger, you can estimate your future retirement income if the merger is successful.

How does it work?

Use the information on the “Estimate your pension” page of your Notice of Proposed Merger to simplify the data input.

The DBplus Estimator shows what your total combined Granite Club pension and DBplus pension could be under the terms of the merger.

Want to see a different retirement date, or the value of purchasing additional benefits under DBplus? The DBplus Estimator can show estimated values for these options too.

You can also refer to the "Definitions" section under "Help" for more information about certain terms used on this site.

Terms of use

Active members of the Pension Plan for Employees of Granite Club (Granite Club Pension Plan) who have a defined benefit entitlement can use the DBplus Estimator as a tool to project what their combined Granite Club Pension Plan and DBplus pension will be if the merger is approved. 

In no event are the estimates provided by the DBplus Estimator an indication of guaranteed pension benefits amounts or a substitute for obtaining independent financial advice. The DBplus Estimator does not provide information regarding applicable Income Tax Act limits or the impact that future changes to the DBplus provisions of the CAAT Pension Plan or to applicable legislation could have on projected pension benefits.

Please also note that every effort has been made to confirm the accuracy of these estimates, the correctness of the underlying data and the reasonableness of the assumptions used. However, the estimates provided to you are strictly for illustrative purposes and we reserve the right to correct errors at any time. The estimates are based in part on future assumptions (e.g. future earnings) and do not provide a guarantee of your pension entitlements in the future, which may change based on actual experience or changes to the data if incorrect.

Estimating and projecting what your total retirement income will be in the future is complex, so the DBplus Estimator makes various simplifications and assumptions in order to make such projections. You can read about them in "Help" under “Projections, Assumptions, and Limitations.”

The DBplus Estimator was developed by the CAAT Pension Plan to provide basic pension estimates only, for current employees who have an entitlement under the Granite Club Pension Plan. 

The DBplus Estimator assumes Granite Club Pension Plan will merge into the CAAT Pension Plan on October 1, 2026, and the required regulatory approvals will be obtained.

Important information about pension estimates

The results from the DBplus Estimator should not be considered a guarantee of pension entitlements or financial advice.

  • The data you enter into the DBplus Estimator is not saved or sent to the CAAT Pension Plan or your employer. You may print the result page for future reference but please note that the estimates provided are subject to change at any time.
  • The DBplus Estimator does not automatically correct errors that result from inputting incorrect data or otherwise validate the information that you enter.
  • Benefits accrued and payable under a registered pension plan are capped based on the applicable Income Tax Act (Canada) limits. The estimator does not take these limits into account or show the amount of benefits you could receive net of applicable taxes.
  • Use of the DBplus Estimator does not imply entitlement to a pension under the CAAT Pension Plan, and all future accruals under the CAAT Pension Plan are dependent on the successful merger of Granite Club Pension Plan into the CAAT Pension Plan. Pending the completion of the merger, any pension you earn under the CAAT Pension Plan will be calculated at your retirement based on the DBplus plan terms in effect at that time and your retirement date, and will be combined with your replicated Granite Club Pension Plan pension.
  • Use of the DBplus Estimator to estimate additional pension purchases does not imply any 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 applicable CAAT Pension Plan terms) and the amount available to transfer from a qualifying registered savings arrangement (such as an RRSP or a LIRA), as required by applicable pension legislation. These limits would be impacted by your ongoing participation in DBplus. The tool does not validate that the funds you input for the purposes of the purchase estimate are eligible for purchase or take applicable Income Tax Act (Canada) limitations into account.
  • You can learn more about the assumptions and some of the terms used on this site in the “Help” files.

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