Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Ford's Retiree Cashout: A Trap for the Unwary
CBS money watch [Opinion] May 3, 2012 "If enough retirees accept the cashout offer, Ford will reap significant financial benefits. First, it would reduce the volatility on the company's financial statements that results from its pension obligations. Second, Ford wouldn't need to pay premiums to [PBGC], ... on behalf of any retirees who accepted the lump-sum deal. Ford also would likely be able to extinguish its pension liability at below-market rates for retirees who accept the offer." |
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