I am moving from a company with a defined benefit pension plan to one with a hybrid pension plan(DB + DC). I understand that the defined benefit pension plan uses a set formula to calculate the monthly payout on retirement. Let us say, using some standard assumptions, that payment comes to 2000$ per month starting age 65.
The hybrid plan is very confusing to understand. It has a defined benefit component but I cannot find the formula. It has a DC plan that I believe I need to manage myself like a regular retirement investment account.
My question is, how can I estimate how much money I lost by moving from DB to hybrid plan, so I can factor that in my salary negotiations?