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Retirees Having To Decide Between Lump Sum Or Monthly Pension

Saturday, June 9, 2012 - 7:40 AM
From the Wall Street Journal
So you have retired, adjusted to getting a monthly pension and think you have your finances in order. Then your former employer asks if you want to trade that check for a big chunk of money.

That is what happened to 42,000 General Motors GM retirees on June 1.

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Ken TuminKen Tumin5,468 posts since
Nov 29, 2009
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