Choosing your next career move is as exciting as it is daunting. There are many factors to consider to make sure you pick the right fit. The salary, health benefits, and company culture are usually at the top of the roster. Here’s one more critical benefit to consider: a workplace pension. More specifically, a defined benefit (DB) pension plan. Wondering why?

Here are four reasons this benefit should be a priority in your job search:

1. Enjoy lifetime retirement income

A DB pension plan gives you the opportunity to build a secure lifetime retirement income while you work. Once you retire, you will collect monthly pension payments for the rest of your life – meaning you can’t outlive your savings. It’s normal to worry about your financial well-being, especially what it’s going to look like after you leave the workforce. With a DB pension, that anxiety is significantly reduced, and you can be comfortable knowing you’ve got predictable income you can count on in your retirement years.

2. You can save easily

A DB pension helps you save for the future with almost no effort on your part. Your contributions are automatically deducted from your paycheck, before taxes, so you don’t run the risk of spending it on other things. You get to save on a regular schedule and, in turn, better your chances of reaching your retirement goal with as little pressure as possible.

3. Retire on your own schedule

Another thing to think about regarding workplace pensions is the possibility of retiring early. Many of us look forward to when we can put the 9 to 5 behind us and have more time to find new passions like travelling or learning a new skill. With a DB pension, you might be able to realize that even sooner than you think. DB pensions give you a lifetime retirement income that doesn’t depend on what the financial markets are doing so you can enjoy the flexibility of retiring when the time is right for you.

4. Better value for your savings

With a DB pension, your contributions are worth so much more than a regular savings plan. Your employer contributes as well, so you get an even larger pension in retirement than some of the other types of retirement savings programs out there. (HOOP, The Value of a Good Pension, pg. 25). The best part is you don’t have to worry about making those tough investment decisions. In addition, your DB pension can help your loved ones after you’re gone with benefits like a survivor pension for your spouse.

Everyone loves a good benefit package. These days, they can make or break a job offer.

With CAAT’s defined benefit pension plan, you’ll get all of the above, and then some. CAAT makes it easy for you to build a stable, secure and predictable retirement income while you work. Your pension is based on a formula that lets you estimate your annual retirement income so you can confidently plan your future.

Planning for retirement is always a smart move for any employee, and with a workplace DB pension, you’ve got some extra help to achieve it.