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How will choosing the PLS affect my monthly benefit?

April 26, 2017affect benefit PLS

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How will choosing the PLS affect my monthly benefit?

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By choosing PLS, you will receive a reduced lifetime monthly benefit. The reduction is based on the amount of your PLS payment. With PLS, your monthly benefit will be 5, 10 or 15 percent less (depending on the amount of your PLS payment) than it would have been without PLS.