Every year we check our financial health to ensure we can pay pensions for your lifetime and beyond. Some years we have highs. Some years we face lows. Our sponsors use inflation protection to tune the plan in times of funding surplus or shortfall. Without it we would’ve faced shortfalls totalling more than $47 billion. We’ve also used surpluses to make up for the years you didn’t receive full inflation protection. The smallest change in tone can mean the difference between discord and harmony. Find out how inflation protection keeps your pension in tune and your plan from missing a beat.