Skip to main content
No. of Recommendations: 0
I have a call into my prior employer's pension office about the following issue and they indicated someone will return my call sometime later this week.

I requested details regarding my future pension benefits which I will be eligible for in 2026 - the benefit totals nearly $2K/month.

However...the value of the lump sum, defined as "value of your entire or partial benefit"....

is calculated at slightly over $1,000 - for a lump sum?

I don't see a relationship between a future benefit of approx. $24K/year and a current value of $1,000.

As I said, I am seeking a clarification, but if any of you can see what I am missing, would appreciate your input.

Thanks, RS
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.