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Author: gogreengo Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 78014  
Subject: Re: Pension info to consider Date: 10/5/2012 3:39 PM
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Okay, here's what happens if he passes away before retirement age of 65. I would get half of a 50% j/s monthly payment at the date he would have reached "early" retirement at age 60. So it would be a little less than half of $305 per month (152). (That is what the benefit would be at his age of 65). Am I understanding that correctly, or do they mean half of what his benefit would be, so I would get 305? I'll ask them.

I found no cost of living info in their plan materials.

After looking at the plan materials, my eyes are glazed over. It seems it would be easier to take the money and run. BUT there are some good ideas here to consider.

Oh, and their Net Assets for the plan are 1.3 billion, and their liabilities are 1.5 billion. Their funding target attainment is 87%. Does that tell us something? Looks like they are underfunded? (The pension is insured.)
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