Estimate your defined benefit pension income. Applies to Australian public sector and older private sector employees still in DB schemes (CSS, PSS, State Super etc.).
ℹ️ Note: Defined benefit formulas vary by scheme. Always obtain an official benefit estimate from your fund (e.g. CSS, PSS, State Super, UniSuper Defined Benefit).
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Most DB schemes were closed to new members in the 1990s–2000s. Existing members include public servants in the CSS (closed 1990), PSS (closed 2005), and various state government schemes. UniSuper and some industry funds retain DB components.
DB pensions provide a guaranteed income for life, indexed to CPI. Accumulation (standard super) depends on investment returns. DB is generally considered more valuable due to longevity protection but requires long service to maximise.