brokenwrench
Senior
- Oct 27, 2006
- 482
- 16
The amount your pension is cut if terminated is determined by the PBGC. I am not sure whom you asked but the information they gave you sounds wanting for details.
The PBGC does not recognize “point†system or early out plans and will reduce benefits accordingly. Also if you retired before age 65 you will find your pension penalized.
The PBGC does not recognize “point†system or early out plans and will reduce benefits accordingly. Also if you retired before age 65 you will find your pension penalized.