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- Jul 18, 2010
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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.
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.