PENSION MODULE

         This module lists 17 types of pension payment plan options which are 
common in industry or in purchased annuity plans. Full descriptions of the 
plans are included in the input prompts. It is important to note that the 
input required here is the predicted monthly benefit payment offered by the 
plan in the year you plan to retire. That is in the year listed in item 4 of 
the basic assumption module. 

         Social Security adjustment options require three inputs. Namely the 
adjustment breakpoint (the year you plan to start collecting your Social 
Security benefit which for these options is limited to a choice between 62 and 
65), the monthly benefit before that age, and the monthly benefit thereafter. 

         Remember to change entries in the pension module if you decide to 
change your planned year of retirement! 

         If no entry or 0 is listed as the monthly annuity, no calculation 
will be made for that option. To analyze your situation with no pension you 
must put a token value into one of the options.

         The unregisterd version of the program does not do all options.