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Until all the take results are known, moving to an insurance transfer is unlikely. And their could be a reuirement for an additional Nokia/ALU investment which be a bariirer. Deloitte recently created an analyis for the Society of Actuaries that concludedHampstead wrote:I’m with you .. been looking for some results and have found nothing. It’s been almost two weeks .. I guess anything sooner they’d look efficient and forthright. The LRO home page .. right side .. had this .. “Prudential Insurance to take over J.C. Penney pension By Sruthi Ramakrishnan; Reuters ~ Oct 02, 2015” .. let’s face it the hand writing is on wall. If the non-lump sum takers do go to Prudential … a big company with experience with pension funds .. I’m not worried … but just like the rest of you - I want to know where we’re going and move on.
If the lump amount offered was doubled to give me 26 years instead of the 13, I would have taken it. For me 13 takes me to 78. Not good.username wrote:So has anybody had some second thoughts on our decision to take the buyout? I am but cannot find anything about what is going on with alcatel/nokia merger. Why can they not just tell us if they plan to sell it to insurance or not like other companies did. Any thoughts?
Just returned from a golf trip to Jamaica and 11 days in Riviera Maya, Mexico. No regrets on taking the buyout. Ready to move on and book more trips.username wrote:So has anybody had some second thoughts on our decision to take the buyout? I am but cannot find anything about what is going on with alcatel/nokia merger. Why can they not just tell us if they plan to sell it to insurance or not like other companies did. Any thoughts?