Deferred pension - riskier if company is sold?
Seeking a pension expert out there...
I have a significant non-COLA pension that is currently deferred. I decided to defer until it hits its maximum monthly payout (late 2015) as we have other funds available for living expenses.
I was visiting with some former colleagues today and there is a lot of "pruning" going on (small divestitures and large layoffs) which they are taking as a sign the company is being prepped for sale. (This has been rumored for years but seems to be a lot more serious this time.)
My question: Is there any more risk that a new owner could change something about my pension if it is deferred than if I have already started taking payments? (I can decide to start payments anytime I want, I think it's 30-60 days notice.)
Thanks in advance for any information or helpful links.
"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." William Feather
ER'd Oct. 2010 at 53. Life is good.