(Mid-America Pension Rights Project): Pension lump-sum payouts and your retirement security

Via pueblo.gpo.gov

A guide for consumers considering their retirement payout options from
a private-sector plan.

Your traditional pension plan is designed to provide you with a steady stream of income
once you retire. That’s why your pension benefits are normally paid in the form of lifetime monthly payments.

Increasingly, employers are making available to their employees a one-time payment for all or a portion of their pension. This is known as a lump-sum payout option.

Read the full article.