Originally Posted by
FlyBrown
if you were to quit at age 45, you can still collect a partial pension at 60? Does the vested amount still payout or is it gone
Retiring that early would put your pension the 1 percent FAE - drastically reducing your pension amount. This something I didn't fully understand before getting hired here.
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Defined Benefit Pension "A Plan": 1% FAE or Flat Dollar Amount (1% FAE is the contractual standard, but practically everybody who retires gets the substantially higher Flat Dollar Amount which is renegotiated every contract due to ERISA law)"