After over 33 years with this company in NJ, this guy retires at 60 years of age. He is drawing a certain amount of retirement pay. When he reaches 62 years of age this company cuts his pay by two thirds, and tells him that now Social Security will pick up the difference beings he is 62. He calls S.S. and they laugh at him. The company also explains to him that when he reaches the age of 65, his retirement will be cut by another two thirds to practically nothing because S.S. will pick up more slack. With a retirement plan in place for years and years and a person working to that end and reaches it, how can a company just up and do something like this out of the blue? After some investigation, he discovered that they are starting to do this to other employees also.