With the Lump Sum Offer to its members, GM is terminating the pension and the PBGC will no longer insure the Prudential annuity. We have updated our White Paper – with numbers, data and scenarios – analyzing the GM Lump Sum offer to help GM retirees decipher their lump sum offer from General Motors. This White Paper can give retirees a start on some of the issues they need to consider when making this decision.
Our updated White Paper also includes a new appendix interpolating the IRS Mortality table and projecting hurdle rates that retirees will need to achieve based on age.
For the updated GM Lump Sum White Paper, click here.