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Subject:  Re: Cash Balance vs Pension annuity Date:  7/9/2001  12:27 AM
Author:  MDGrabhorn Number:  116 of 297

>>I currently have the option of taking my 32 year pension as an annuity (with or without survivor benefits) or as a cash balance lump sum that I could combine with my 401k. <<

In order to answer your question, I need to make some assumptions.

1. You are age 53 with 32 years of service with your current employer.
2. Your employer has offered you the choice (opportunity as your employer may call it) of remaining under the ol