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But when benefits drop in November, the Rigsbys, who say they receive about $350 a month, can expect $29 less.
It is also reliant on workers in many parts of Britain seeing their take-home pay and their top-up benefits drop year after year.
If it did so, retirees whose pensions exceeded the P.B.G.C.'s cap — from $4,653 a month for those retired at 65 to $2,094 for those retiring at 55 — would see their benefits drop.
Generally, younger employees can do better under cash balance plans, but workers of middle-age and older often do worse, with some seeing the value of their retirement benefits drop as much as 50percentt.
The annual discounted net benefits drop significantly when links are added but bounce back with a higher value the following year.
WASHINGTON -- Regardless of whether Republicans succeed in cutting food stamps this year, the 22 million American households relying on the program will see their benefits drop in November.
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Applications for benefits dropped 16,000, the Labor Department said Thursday.
Initial claims for state jobless benefits dropped 8,000 to a seasonally adjusted 355,000, the Labor Department said.
In fact, the number of Irish signing up for unemployment benefits dropped about 3 percent last month.
The number of laid-off workers seeking benefits dropped 44,000, to a seasonally adjusted 434,000.
The number of people continuing to receive unemployment benefits dropped 55,000, to 3.48 million.
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