Educating Edison
June 2023
With rising interest rates, what will be the impact on your SCE pension benefits? In this month's Educating Edison video, Casey Bartels, CFP®, discusses this rate trend and its potential impact on grandfathered and non-grandfathered employees. Official 2024 SCE pension rates will be announced this September.
Casey's comments only apply to employees that were hired before December 31, 2017. Newer employees receive an extra 6% profit-sharing contribution in their 401(k).
Educating Edison is our monthly video series aimed at helping Southern California Edison employees better navigate their financial life. If you have questions or would like to discuss your financial plan, please schedule a conversation below.