Jump to content

Recommended Posts

Posted

A participant is working after normal retirement. Their accrued benefit is limited by 415 salary cap.

They have not taken the retirement benefit that was payable at normal retirement.

An actuarial increase for late retirement is not available.

If they continue work and receive higher pay to justify a new limit, then the facts change and an increase is permitted.

I believe they should receive a notice of suspension of benefits, because they permanently lose

the right to take that payment.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use