The articles in the January/February 2009 AARP Bulletin are so informative that I just have to encourage you to join.
The best article was on pg 37, under THE LAW. It’s a must read for all Boomers who have not yet retired because it involves a company’s change from a traditional defined benefit pension plan to a lump-sum cash disbursement upon retirement without proper notification to employees. Obviously, that change saved money for the company and greatly reduced the pension paid to retirees.
The traditional defined benefit pension plan is fully explained at http://www.aarp.org/money/financial_planning/sessionseven/defined_benefit_pension_plans.html
The best article was on pg 37, under THE LAW. It’s a must read for all Boomers who have not yet retired because it involves a company’s change from a traditional defined benefit pension plan to a lump-sum cash disbursement upon retirement without proper notification to employees. Obviously, that change saved money for the company and greatly reduced the pension paid to retirees.
The traditional defined benefit pension plan is fully explained at http://www.aarp.org/money/financial_planning/sessionseven/defined_benefit_pension_plans.html
For benefits and cost of membership http://www.aarp.org/membership/
No comments:
Post a Comment