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An article yesterday with some more info. Hartford Offers to Pay Ex-Employees to Give Up Pensions - Bloomberg Nope, no new question, I guess Im going to roll it over to my current employers 401K under Fidelity.

OK, So I got the paperwork/info yesterday. They had 3 options.. 1 was to do nothing and then the Pension is changed into a ~$990 annuity at 65yo (2038) 2 was to take a 172 a mo annuity NOW, for the rest of my life, with 75% going to my spouse if I die 3 was to lump sum it all for $37k

Thank you for the info. I believe the company sold the pension part of its business to another company, of course whatever they offer is in there best interest, I heard of 2 folks that also got the letters, I should have info in hand by Sept29 they say, and I have to decide by Nov12. Hopefully...

Ive been watching and reading threads for the past 2 weeks or so, ever since I received a letter from my previous employer regarding a pension buyout. When I was 16yo, I worked for an insurance company (hint there icon was named Larry), during that time they put money into a pension for me. I...