I was in a DBPlan 1972, I remained in the same Plan till I retired in 2000. My compensation
on 10/2/73, was $25,000/year, when I retired my compensation was $195,000/year. I've
been told I do not satisfy ERISA
2004(d)(2) subsection A, and I do not qualify for Protected
Benefits, and my annual benefit will be 415 limited, this is wrong. A. only applies to limit
100% compensation before 10/2/73, and does not apply to any retirements after 10/2/73,
only conditions of B need to be satisfied for all retirements after 10/2/73. A and C are both
to limit (earlier of)A 100% compensation, and (prior to)C accrued benefit. I satisfy the conditions of B, and should have my benefits protected from 415 limits.
What say you?