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Calculating the Benefit Offset (PDF)
Contingencies
Sept. 12, 2006
3 pages. Excerpt: When a participant terminates his defined benefit pension plan, his accrued benefit is determined based on his service and pay history. At commencement, the amount paid equals an accrued benefit, multiplied (if appropriate) by an early (or late) retirement factor, and an optional form-of-payment factor.
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