Got my PBGC est payment forecast. If I wait to withdraw PBGC for 1 year (from age 64 to 65).it increases by 11.1 %. That is pretty well publicized. However, I was surprised to see that if I wait to claim until after 65, the benefit goes down by $150 month. Seems like I knew the WHY at one point, but can't recollect it now.

Seems counter-intuitive to decrease $$$ by postponing the benefit....any thoughts from those still around that have a PBGC benefit large enough that they GAS?


My intent was to delay the PBGC for more than a year after my VEOP date as well as waiting on SS until my full retirement age thereby having 0 income for a year. With no income, I was then gonna Rotherize $$$ starting at the 0% tax bracket. All was well until I saw that waiting to get PBGC actually lowers my monthly benefit( at least that's how I read it)