If I stop working immediately and then start taking benefits at my “normal” retirement age of 67 years, I will earn $1,666 per month ($19,992 per year).If I start taking money at age 62, I will earned a reduced $1,166 per month ($13,994 per year). Here’s the full chart:...
The ratio of activity-related salaries by group/department to the labor cost of each group/department was used to estimate salaries and retirement benefits. Welfare benefits were aggregated by applying the data activity-related man/hour (M/H) ratio to the entire staff’s M/H, whereas data-...