Tag: Plan termination|Traditional (defined benefit) pensions
How Safe Are the New GM Retirees’ Annuities?
Back in June, thousands of salaried General Motors retirees were given seven weeks to decide whether to take their pension as a lump sum or continue with their lifetime monthly payments. As Pension Rights Center Executive Vice President Karen Friedman wrote in a Detroit Free Press op-ed, the annuity was the better option for most […]
