Page 322 - Bruce Ellig - The Complete Guide to Executive Compensation (2007)
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308 The Complete Guide to Executive Compensation
Percentage of Accrued Benefit After Discount
Retirement Age Actuarial Constant Age Weighted
65 100% 100% 100%
64 94 96 99
63 88 92 97
62 82 88 94
61 76 84 90
60 70 80 85
59 64 76 79
58 58 72 72
57 52 68 64
56 46 64 55
55 40 60 45
Table 6-25. Defined-benefit discounts for early retirement
“A & B”
Company “A”
Company “A” Pension (30 yrs)
Pension (20 yrs)
55 65 75
Figure 6-2. Cumulative annuity payments
