1,000 salaried Ford workers retire after pension warning
Salaried workers say goodbye after a career at Ford Motor Co.
Source: freep.com
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1,000 Ford workers retire amid interest hikes and pension loss warning
Retirement-eligible salaried employees at Ford were warned about retiring this year to maximize a lump sum pension payment.
Source: usatoday.com
Retirees' lump sum pension payouts will be hit hard by interest rates
Most don't realize that higher interest rates influence the size of lump sum pension payouts and could drive some to retire this year instead of next.
Source: freep.com