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Pension Leveling??
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<blockquote data-quote="vantexan" data-source="post: 4460085" data-attributes="member: 24302"><p>Not much to tell. I was given a number of choices and if I could have handled it probably should have taken the survivor option for around $1000 a month. But I've had some health issues, and at this point in my life don't want to be on my feet at a manual labor job for hours. So I took the accelerated pension, the Social Security leveling option. That gave me $1840 a month for 12 years, then drops to $117. My projected SS at 67 last I looked is $1888 a month. Between me quitting and getting rehired at lower pay, FedEx keeping our raises very low, and ultimately terminating our traditional pension, ended up with less than I obviously would have liked, but the $1840 was close to what I was projected to get monthly for life if they had kept the traditional. It's allowed me to travel, and it's not lost on me how lucky I am to have it considering what they've done to pensions everywhere, and what's going on in the world right now. My wife and stepdaughter work for a call center that handles medical supplies for seniors, and they were allowed to take the equipment home that lets them do their job from home. So we still have our incomes and are very fortunate.</p></blockquote><p></p>
[QUOTE="vantexan, post: 4460085, member: 24302"] Not much to tell. I was given a number of choices and if I could have handled it probably should have taken the survivor option for around $1000 a month. But I've had some health issues, and at this point in my life don't want to be on my feet at a manual labor job for hours. So I took the accelerated pension, the Social Security leveling option. That gave me $1840 a month for 12 years, then drops to $117. My projected SS at 67 last I looked is $1888 a month. Between me quitting and getting rehired at lower pay, FedEx keeping our raises very low, and ultimately terminating our traditional pension, ended up with less than I obviously would have liked, but the $1840 was close to what I was projected to get monthly for life if they had kept the traditional. It's allowed me to travel, and it's not lost on me how lucky I am to have it considering what they've done to pensions everywhere, and what's going on in the world right now. My wife and stepdaughter work for a call center that handles medical supplies for seniors, and they were allowed to take the equipment home that lets them do their job from home. So we still have our incomes and are very fortunate. [/QUOTE]
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