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Old 05-24-2016 | 06:06 AM
  #9  
Nightflyer
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Joined: Mar 2006
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From: Crewmember
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Originally Posted by Huck
Risk has a cost as well.

You're counting on your pension checks not bouncing till you hit 85.....
I am sure someone will correct me if I am wrong, but I think when you retire, the company purchases an annuity, and then you are paid from that annuity.

I was told that by someone who had been to the retirement seminar.

Can anyone confirm?
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