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On 4/25/2003 6:42:43 AM iland wrote:
The Defined Benefit plan was terminated, and my 17.5 years is now PBGC minimums.
Iland,
When you say that you''ll get PBGC minimums, don''t you really mean that you''ll get the max that PBGC allows? I''m curious because I am in a similar position at AA and wonder what the dollar amount, paid to me at age 60, would be if the PBGC took over our A fund. Can you explain in a little more detail how the system works?
Thanks,