Pensions

Pension Offset

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I have a retirement pension plan with my company. Once I start my pension is does not have any COLA increase. But, because my company contributed to my Social Security, my pension does have a onetime adjustment, as soon as I reach the age of 62 (even if I delay social security). It there a way to adjust my pension parameters to include this deduction once I turn 62?

Joe

About pensions

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When I enter the pension as an annual amount in today's dollars, in the report, the amount is reduced for the subsequent years. I assume this is to reflect the inflation rate or the lower value of the dollar, but the reduction happens irrespective whether I include the inflation rate or not and it even happens when I set it to zero%. Where is the percentage reduction coming from on the report?

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