Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If the pension holder started receiving benefits at age 60 instead of 62 would the present value be higher or lower?

April 26, 2017age Benefits Pension PRESENT STARTED

0

Posted

If the pension holder started receiving benefits at age 60 instead of 62 would the present value be higher or lower?

1 Answer

0

Posted

Higher Analysis: The value is higher because pension holder will receive the monthly benefit for two additional years. Conversely, the value would be less if Pension Holder retired at age 65.