The Gopher
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- Jun 28, 2004
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Got a letter in the mail from WHQ, one page was a form letter about the pensions, the other a tan sheet detailing how much the PBGC guarantees. It was making the point that the PBGC gurantees *any* pension up to $46K per year, with different guarantees based on retirement age. Pretty clear what the letter was intended to do: show that the company is going to clear the table of pensions, and show employees that they will not lose everything.
I'm not yet 30, so I am not counting on anything but a 401-k out of this deal.
I'm not yet 30, so I am not counting on anything but a 401-k out of this deal.