SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sammaster who wrote (123493)9/18/2001 8:37:29 PM
From: Joan Osland Graffius  Read Replies (2) of 436258
 
sammaster, Re" Pension funds.

I am not sure if corporate pension funds have to send yearly reports to their employees, but the folks that are retired get an annual report on the health of the fund. For sure pensions are not guaranteed by the government. There are government regulations on pension funds and the funds must report against criteria set up by these regulations. i.e. if they are funded sufficiently to meet their obligations.

One interesting note here is I know of people that took a payout when they retired instead of payments from the pension plan. If these folks have those funds in the stock market - god help them. I do know one person that is in this fix.

When I started collecting from my pensions, I looked at taking the pay out and I could not buy any government debt at that time that would give me the income I would receive from the payout, therefore I elected to receive monthly payments.

Joan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News