Pension Decreasing at Inflation Rate
I have entered a pension with a given annual amount from Social Security covered employment and a 50% survivor rate.
I have set the inflation rate under Assumptions to 2%
No matter what I set the Annual Inflation Index to for the pension (0%, 2%, 4%) the Pension Income on the non-Asset Income Report drops by 2% per year. My expectation was that it would remain constant.
What am I missing?