No. of Recommendations: 0
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.)
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.