Should You Take the Monthly Check or Lump Sum Payment ... How Do I Determine Which Is Right for Me? It’s important to think about your future, because your retirement could look much different ...

Figuring out what to do with ... of the pension. If the plan is underfunded, check to see if the PBGC covers the amount you expect to receive in retirement. To decide which type of payment is ...

Along with pension payments, the PBGC provides basic ... Find out if your pension is insured. Check on basic guaranteed benefits. Look at non-guaranteed benefits. Be prepared if the PBGC takes ...