I was speaking with a retirement specialist at the benefits center today about our lump sum calculation. The new rates will be posted at the end of March, to take effect July1. They’ve heard to expect a rate increase, which will reduce the lump sum for anyone retiring this year after June 30.

No one knows what the rates will be, however based on historical averages it cuts my lump sum by about 100k. Don’t think I’ll fly for free those last few months.

Someone with an old seniority list with birthdates could make a guess at how many this might affect.