After a three-decade career at Nationwide Mutual Insurance, I retired early due to a job elimination and began receiving distributions from my employer-funded pension defined benefit plan to maintain a reasonable standard of living. The plan's 'level-income' option ensures my cash flow remains constant until I'm eligible for social security benefits at 62, at which point the plan's enhanced payment reduces. However, I'm concerned that Elon Musk's activities may compromise my promised benefit, potentially causing a monthly cash flow shortage of over $1,000. This would constitute promissory estoppel, and I would be forced to seek legal relief. I urge you to protect the benefit I earned over decades of contributing to my employer's success, and to safeguard the financial security of seniors like myself.
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