Brownwifey
Active Member
I placed the thread on the retirement forum, but thought I'd ask here too:
Hello,
I'm currently pencil whipping our retirement plan projection and thought I saw somewhere on the upsers website there is a cost of living adjustment for the management pension plan of around 2% annually. I'm lazy and thought I'd check here first before digging through the website. Those of you already collecting checks, does your pension increase annually or does the initial amount remain constant for life? For example, $1000/mo year 1, $1020/mo year 2, etc...
People overlook the difference, but a cost of living adjustment makes a big impact on your retirement plan. Thanks in advance!