The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  https://boards.fool.com/i-called-and-talked-to-clerks-both-times-and-17041036.aspx

Subject:  Re: PENSION - BANKRUPTCY Date:  4/10/2002  4:15 PM
Author:  99frannie Number:  34148 of 96381

I called and talked to clerks both times and neither could confirm that my pension would match dollar for dollar with what they provide. Their "max" may be a certain amount but their max could be a % of what I would normally get - terminology gets me. I tried to ask both clerks the question but they didn't seem to get what I was saying. e.g., if my pension guaranteed by my company is $1,900 per month, their "max" might be a prorated version or, say, $1,400. When it comes to government, I am always nervous of what they mean, especially when their representatives aren't sure themselves. Thanks for your response, however.
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us