Value of a defined benefit pension when negotiating salary?
I'm not sure if this should be posted in careers, but currently I have a defined benefit pension at a bank and thinking about joining a different company who has defined contribution pension.
I'm just wondering how do I value the DB pension when negotiating salary? I've read 10-15% + current salary to even consider a switch on reddit, but I'm not sure how they calculated that.
Say if my current salary is 60K + DB pension where the other company is offering 65K + DC contribution.
When is it worth it to switch? Does my age matter (I'm in late 20s)?
Thanks for any inputs.