How to Get More Money Out of Your Defined Benefit Pension Plan

If you’re one of the lucky Canadians whose employer has a defined benefit (DB) pension plan, then you should be looking at something called pension matching before you decide to take your pension. Pension matching is about getting the most retirement income by shopping your DB pension plan to insurance companies that can match or beat the amount of pension income you will receive under your current plan. In other words, you are saying to the insurance company, “Give me your...