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If a defined benefit plan is terminating and it has an Early Retirement Age of a certain age plus a number of years, do they have to continue to count years of service after the termination date to determine when someone is eligible for an early retirement benefit?

Posted

I am not a lawyer but...

Without any doubt! And provide any subsidized early retirement benefit accordingly.  Any purchased deferred annuities must so provide.

Always check with your actuary first!

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