g$$ wrote:Interest rates used by the plan sponsor for funding purposes (i.e. the actuarial valuation) are generally smoothed over 24 months. Interest rates used to calculate lump sums are snapshot.
TwoByFour wrote:A pension that includes COLA is a huge benefit to a retirement plan.
555 wrote:Currently for $1M you can buy an inflation-indexed annuity (SPIA) paying
inflation-indexed $40k/yr for a 65 year old couple...