Integrated pension plan
Integrated Pension Plan
Integrated pension plan.
In an integrated pension plan, your employer counts part of your Social Security benefit in the defined benefit pension you're entitled to and takes that amount out of your income.
You still collect from both sources, but you receive less from your employer than you would if your plan wasn't integrated.
There is some protection, though. By law, an employer using an integrated pension plan can't reduce your private pension by more than 50%.