DH is set to retire in April. We received info from his pension plan that if he goes out with 25 years his pension is xxxx. If he wants to buy out his 26th year we have to pay in $5200 by April 1. Paying the money increases his monthly check by $82.50. So would this be a good thing or not? I would take the money out of the e fund currently earning 2% if we decided to do it. It would be paid back (in the form of the increased pension) in 5 1/4 years. We are kind of leaning toward paying the money.DH working longer is not an option--he is having surgery on Tues and will be off 12-16 weeks. He will be collecting on his disablity during this time.Thoughts?Flooct
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