Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

I left IBM after December 31, 1994 and am currently receiving a pension payment from IBM. Does this decision mean that I will get a bigger check?

April 26, 2017Bigger Currently december 31 1994 decision IBM Left mean payment Pension

0

Posted

I left IBM after December 31, 1994 and am currently receiving a pension payment from IBM. Does this decision mean that I will get a bigger check?

1 Answer

0

Posted

You will be given a choice between a small monthly increase in your pension check, with an optional 50% spousal benefit, or a one time distribution. The settlement share for class members who were entitled to a share of the settlement money but who died before payments began will be sent to their beneficiaries.