I will be retiring in the November/December time frame this year and have been running PPA estimates. In the past the "Maximum Enhanced Annuity" was usually the accurate number for the monthly PPA amount. Apparently that number is now meaningless. I think it has to do with the low interest rate crediting factor going forward and the age 65 maximum restriction. It looks like now rather than the?"Maximum Enhanced Annuity" being the number it is really just the Prior Plan number plus the settlement. Has anyone that is close to retirement or already retired on the PPA plan gone thru the details of these calculations with the ESC and can provide some insight? I would really like to connect with some folks who have gone thru this recently. Thanks.
