If I withdraw my employee contributions, will the maximum guaranteed benefit limit applicable to my remaining annuity benefit be adjusted downwards?
Yes. If you withdraw your employee contributions in a lump sum, your maximum guaranteed benefit will be reduced by the monthly annuity amount the contributions would have provided on the date you start to receive your remaining benefits. If you do not withdraw your employee contributions, the full amount of your annuity payments including the part attributable to the employee contributions will be limited by the maximum guaranteed benefit limit.
