Talk of The Villages Florida - View Single Post - Advice on Pension options
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Old 10-15-2024, 06:56 AM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by Caymus View Post
At least in my case the pension(annunity) offered was much better than what I could find on the open market. Maybe they had some sort of volume cost advantage.

The employer isn't really doing that much additional work in offering options. A third party is handling most of the "paperwork".
My guess is that, instead of getting a volume cost advantage, they shortchanged the employees on the lump sum payout they offered.