You have been working FULL TIME at Durham College for some time, but never paid attention to your DBPP. 

Now you would like to know how much you will get if you work at the College until retirement. A friend told you to check the CAAT webpage to get the information, so you are doing your research on the internet.  Use the CAAT pension estimator.

1)  To start estimate you need to choose data. You will NOT be using information from your Annual Statement. 

2)   Create employee profile in Service and earnings; what is your annual salary (be reasonable) and how many years of pensionable service do you have as of 2020?

DATE OF BIRTH:   USE 1966-01-01

YEARS OF PENSIONABLE SERVICE:   USE 24

ACTUAL EARNINGS THIS YEAR:          $100,000

ESTIMATE EARNINGS WILL INCREASE ANNUALLY BY 1%

3)  Using the CAAT website, what is your early (unreduced) pension? 

At age 65:                                                   

At age 62 (HINT: You need to change the retirement age):                                                    

When is the earliest you can start collecting an early reduced pension?

Answer rating: 100% (QA)

To estimate your pension using the CAAT pension estimator follow these steps 1 Visit the CAAT pensio... View the full answer