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Level Payment Taking Social Security Into Account
If
you retire before your normal retirement date and before becoming eligible for
Social Security benefits, you may elect this retirement payment option. Under
this option you may receive an increased retirement payment from the Plan before
you are eligible to receive Social Security retirement benefits. The increased
payment will automatically decrease when you qualify for Social Security. As a
result, you can have an almost level retirement income for life, consisting of
the combined payments from this Plan and from Social Security.
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