Pension Funding
- By Jerry Taylor
- Published 05/23/2010
Jerry Taylor
Retired Seattle Police and President of the RSPOA.
Jerry founded LEOFF1.Net in 2000 and is the editor of the site.
Most of you should have received a copy of the Spring 2010 Retirement Outlook from DRS. While there was not much in the way of significant information, there were a couple of articles worthy of review. Foremost is the lead article about marital status. It is important to remember that if you marry or remarry after retirement you may be able to change your benefit option to provide for your new spouse. Most of the calculations I have seen for this benefit make it a better deal than buying life insurance.
In the column dealing with pension plan facts, they ask the question that many of you have expressed.
Is my retirement benefit safe, given the investment losses of last year?
The answer is yes.
For a more detailed explanation, take a look at the new articles on the site. We thought that concern over the 22% drop in 2009 we should do a more in-depth review.
