Compensation Strategies Group, Ltd.
Nicholas Pension Consultants
Nova 401(k) Associates
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|How Can the Actuarial Reduction for Social Security Early Retirement Be Right? (PDF)|
Center for Retirement Research at Boston College
July 2, 2004
Excerpt: On a lifetime basis, the late claimer now comes out ahead. The only way to restore balance at the new life expectancy is to have a smaller adjustment. But, in fact, the 5/9 reduction factor has remained constant. Why? The answer has to do with interest rates.
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|