Access the Pension Estimator

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Using the Pension Estimator

Learn how to estimate the amount of the monthly retirement pension payable to you from the pension plan based on your expected retirement date.

What is the Pension Estimator?

The Pension Estimator is a tool provided to assist you in preparing for your financial future. All amounts provided are estimates and subject to formal calculation before retirement.

The Estimator allows you to enter different retirement dates to see the effect of retiring at various ages. You can also see the impact of having a spouse at retirement or not, as well as how additional hours of work in the future before your retirement date can increase your pension.

Important: Your actual future pension payments can only be determined when you submit an actual retirement application, which may differ from the estimates provided.

How to use the Pension Estimator?

To get started, go to the Pension Estimator page:

Pension estimator page

For the projection, start by selecting the criteria you want to use:

a retirement age or
a retirement date.

Criteria options

Keep in mind

The retirement age or date entered cannot be earlier than your current age or the current date and cannot be earlier than the earliest age at which you are permitted to retire from the pension plan.
We use the "Estimated yearly hours" and "Estimated contribution rate" to determine how much additional pension you will earn until retirement. The initial default values entered are estimated based on your last full year of work. You can change the yearly hours to match your expected average per year in the future and any changes to the pension contribution rate that may occur.

Calculate by retirement date

Enter the retirement date for which you wish to get the projection.
Select if you have a spouse or if you are single.
If you are single or have a spouse who will be waiving their right to a survivor pension at retirement, select "Single" for spousal status.
If you have a spouse, enter your spouse's date of birth; it will impact the projection.
Click on Calculate

Step 1 - enter date

Enable manual imput

Calculate by retirement age

Enter the retirement age for which you wish to get the projection. It must be between 53 and 71 years of age.
Select if you have a spouse or if you are single.
If you are single or have a spouse who will be waiving their right to a survivor pension at retirement, select "Single" for spousal status.
If you have a spouse, enter your spouse's date of birth; it will impact the projection.
Click on Calculate

Step 5 - calculating your results

Review the results

The Estimator will show you the different forms of pension available to you at retirement, which vary depending on whether you have a spouse or not. Each option has a description of how the pension is paid in different circumstances, along with the monthly pension amount.

Save the results

You can now download the results by clicking the Print icon at the top right of the screen, and it will be saved in your computer's Downloads folder.

Keeping a copy of this estimate can be helpful when discussing your pension planning with an independent financial advisor, which is recommended and encouraged.

Save your results button

More Estimates

There is no limit to the number of estimates you may run, so you can see how the pension amounts change when retiring at earlier or later retirement ages or with and without a spouse.

You can create a new estimate by clicking the + icon at the top right of the screen.

Note: Clicking the + icon will reset some fields to their default values, and you may need to modify them again.

Create an estimate with the + icon