I noticed the AT&T memo to their employees let them know that they will lose up to 30% on their lump-sums due to rising interest rates. Will Nokia employees experience a similar drop?
https://main.techstaffer.blog/en-us/latest/att-pension-drop-memo-for-nokia-employees
2 replies (most recent on top)
If you were Legacy Lucent you probably can take your pension as a lump sum. Yes my lump will drop 22% if I do not leave this year
I was not aware we get a lump sum. Do some employees get a pension lump sum?