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<blockquote data-quote="vantexan" data-source="post: 4556828" data-attributes="member: 24302"><p>The COLA I mentioned was eliminated in the late 80's. Per the traditional pension the maximum on a normal pension would be if you wait until you're 60. Each year you take it before 60 reduces it by 3% with a maximum reduction of 15% at 55. You can get an accelerated pension, the Social Security Leveling Option, that gives you significantly more until you reach your full Social Security age, then it drops way down.</p></blockquote><p></p>
[QUOTE="vantexan, post: 4556828, member: 24302"] The COLA I mentioned was eliminated in the late 80's. Per the traditional pension the maximum on a normal pension would be if you wait until you're 60. Each year you take it before 60 reduces it by 3% with a maximum reduction of 15% at 55. You can get an accelerated pension, the Social Security Leveling Option, that gives you significantly more until you reach your full Social Security age, then it drops way down. [/QUOTE]
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