Work for wireless at the Senior Manager level or above. You get tons of bonuses like STI's, LTI's, VAR's and performance bonuses. You retire wealthy after 20 years or so and don't need a pension welfare check from uncle telco dinosaur.
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It will drop. The PBGC rate is still at 0%. They go by the better rate. Mid March, when the Fed raises rates, you will see them both go up and pensions go down. Going to happen at least 4 times this year. LGB
And yet somehow the lump sum did not drop any more than usual
We do. It's called a 401k. We get that in addition to a pension
Must be terrible to not have control over your own retirement savings.
RUNNNNNNN!!!!!!!! Jump Ship!!!!!!!!! Take the money and run....You lose about 20 grand per .25 move in your lump sum.
Just did February 1st. And they say thst us cable pullers are stoopid. $$$$$
if you are pension eligible.runnnnnnnn. only gonna get worse