[expatpat]

The fact is that my monthly payment has been reduced by the raise in retirement age -- that is a cut in anyone's dictionary.

Deferral is certainly a cut if the effect of the deferral is never remedied -- and it isn't. What you miss in the first year or so, you never get back. (And anyone who knows about discounted cash flow would say it was a cut, even if was remedied).

And don't call me a democrat again.

[expatpat]

For you, too, Gramps.