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Old 08-13-2022 | 05:06 PM
  #6687  
flyinbybraille
On Reserve
 
Joined: Oct 2015
Posts: 132
Likes: 17
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https://www.seattletimes.com/busines...ing-engineers/We got quite few A-Plan (pension) folks still on the roster around here at AS. From my understanding the annuity option doesn’t have any inflation or bankruptcy protection and taking the lump sum would give you a chance to protect your money. While sticking around could result in 20% decline in lump sum value retiring just a month later. Ouch!

I could see the top 5-10% of those close to retirement eyeing an out in November. Maybe 200 people actually going out. I doubt there is a plan to mitigate this, but it makes me wonder how this will affect things. Just over hire to fix it, right? Haha. Maybe OTZ can tell us.
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