December 2, 2009
Does accrual of benefit in defined benefit plan stops at retirement?
carlos_blue12 asked:
Can you continue participating on the defined benefit plan after retirement?
Dayana
Can you continue participating on the defined benefit plan after retirement?
Dayana
Comments on Does accrual of benefit in defined benefit plan stops at retirement?
Heather
Ask your B.P. plan manager. I wouldn’t think one could, as it’s an employee benefit and you’d no longer be an employee.
Reid
Usually, it stops at retirement. I have learned to hedge my answers…as there are some surprising circumstances that allow it.
But, if you are/were only an employee and no longer drawing an income other than a retirement the answer is yes…it stops at retirement.