Lump-sum or monthly pension or?

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An Oct 28, 2021 note that affects this discussion: U.S. pension change. In 2020, HPInc irrevocably transferred pension administration and $5.2 billion in payment obligations for 41,000 U.S. HP, DEC, and EDS retirees to Prudential by purchasing a group annuity contract. Applied only to those who were receiving monthly payments that started on or before Nov 1, 2020 (and did not have a Qualified Domestic Relations Order.) Amounts and terms did not change. Other pensions are still administered by Fidelity. Fidelity has the historical records. Prudential later sold the business to Empower; however payments are sent from Prudential Tax Service. Details: hpalumni.org/pension2021

We have notes from two earlier discussions by HPAA members on this website: 

2. A detailed analysis by an HPAA member: https://www.hpalumni.org/lumpsumfactors2

Also a discussion of the HP EDS pension lump-sum buyout offer of May 2020: https://www.hpalumni.org/lumpsum2020

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