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doc03

(35,345 posts)

2. I was offered a one time payment of $109,000 for my pension, I didn't take it. I

Reply to Eugene (Original post)

Sun Mar 31, 2019, 08:33 PM

Mar 2019

Last edited Sun Mar 31, 2019, 09:10 PM - Edit history (1)

retired in 2009 and have received $1115 a month ever since totaling $117,075. The vast majority of my co-workers took the cash and blew it in a couple years. I was also offered $8600 for a pension from a previous job by the PBGC, I have so far received $21,167 from it. Oh my $1115 pension is also guaranteed by the PBGC as long as the Republicans don't destroy that too.

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The Federal Government Gave Up on Retirement Security [View all] Eugene Mar 2019 OP

It is a gamble either way for the employee. keithbvadu2 Mar 2019 #1

I am happy to be in a Joint Union Employer Pension Fund Sherman A1 Apr 2019 #4

I was offered a one time payment of $109,000 for my pension, I didn't take it. I doc03 Mar 2019 #2

Wise decision Sherman A1 Apr 2019 #3

Wife worked for a company for 3 years. The company took over from another company, then outsourced 3Hotdogs Apr 2019 #5