Pension calculator ForbesIn GE’s case, there’s another factor at work. But for these two ex-workers the GE’s plan’s sweet spot is at age 60. Starting then, at a slightly reduced monthly rate, is way more lucrative than starting at 65. A GE pension isn’t exactly of triple-A credit quality, but a lot would have to go wrong for a pensioner due a modest sum to get stiffed. For a discussion of the funding status of GE’s pension plans, turn to Why Are GE’s Pensions So Underfunded?

Source: Forbes October 20, 2019 08:31 UTC