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.
