Plan Doc - early retirement

[Mister Met]

Plan doc wording says that for a ppt who meets the service but not age requirement for an ER benefit, he may receive an ER benefit based on a table of ER factors in the doc that starts at age 50 once the age requirement is met. The ppt in question would be eligible at age 49 based on the wording in the doc. Does the fact that the referenced table starts at age 50 trump the apparent eligibility at age 49? Or would we extrapolate (I guess) back to age 49?

Thanks

[Andy the Actuary]

The table is a matter of convenience and communication. Use the actuarial basis on which it is was determined to compute the age 49 factor.

[david rigby]

...meets the service but not age requirement for an ER benefit...once the age requirement is met.

Is age 50 the plan-defined minimum age requirement? If so, extrapolation to an earlier age is not appropriate. If not, then Andy's advice is the best approach.

[Mister Met]

The relevant eligibility criterion is attainment of 73 points, but no age requirement is attached to this.