That's a bit more complicate.I made my decision this way-In the hopes that UPS will stay in business, and guessing at how long I might live, say 20 more years (barring hit by a bus or other), I calculated: $600 per month X 12 months X 20 more years, looks like $144,000 if I stay in the pension plan. Can I invest the buyout to make more than this on my own? This gave me a place to start.
I wouldn't factor whether UPS stays in business into your decision making on whether to take the lump. First, UPS as company appears to be doing pretty well, certainly as well or better than the broad US economy. Second, Pension plan is about 80% funded, and with it closed to new entrants, and being frozen entirely in a couple of years, any funding gap should go down. Thus, even if UP ceased to exist, there would still be funds available to pay the pension.I made my decision this way-In the hopes that UPS will stay in business,