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Southern California Edison
Pension Rate Update- July 2023

Educating Edison

July 2023

 

There are less than two months left before Southern California Edison announces the 2024 pension rates. Official 2024 SCE pension rates are announced this September.

In this month's Educating Edison video, Casey Bartels, CFP®, discusses the current rate trend, and its potential impact on grandfathered and non-grandfathered employees. 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 regarding how these rates impact you or would like to discuss your financial plan, please schedule a conversation below.