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How will inflation impact benefits earned prior to 2006?

April 26, 2017Benefits earned impact inflation prior

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How will inflation impact benefits earned prior to 2006?

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Under the short-term strategy, there is no adjustment to benefits earned prior to 2006 for inflation until you reach age 65. Benefits in pay status after age 65 are adjusted annually for inflation, up to a maximum annual increase of 3% per year.