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.