If a husband gets a pension and does not choose a guaranteed or survivorship benefit, the wife loses the pension when the husband dies.I believe the wife has to agree in writing to this for it to happen. The husband's pension payment is then quite a bit higher. Unfortunately, when looking at the pension options, the 50% split is usually emphasized. e.g: the wife gets half the pension amount if the husband dies first. In our case, we chose the 100% option. If my husband dies first, I will still get his full pension. The difference in the monthly amount we receive is small.I have figured out that I will actually have more income after he's gone, because then I'll also receive his full SS payment instead of half as I do now. In other words, he's worth more to me dead than alive. <G>And he's the one who would need financial advice if he lives longer. He is clueless and has no interest.Carol
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