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Civil Liberties

Me.

(35,454 posts)

2. Is It An Annuity Or A Pension?

Reply to Maraya1969 (Original post)

Sat Sep 12, 2020, 10:50 AM

Sep 2020

Pensions are a monthly disbursement, annuities are a fixed amount with interest added. The disbursement is upon request and in lump sums as decided by the holder of annuity. THe government determines, in some respect, when money must start to be taken but not the amount. You request disbursements until the money runs out.

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This message was self-deleted by its author [View all] Maraya1969 Sep 2020 OP

Well, it was money you shouldn't have been getting. Bluepinky Sep 2020 #1

I would think they would have a department set up to find dead people and stop payments to them. Maraya1969 Sep 2020 #4

Is It An Annuity Or A Pension? Me. Sep 2020 #2

It was the same amount every month for years. Maraya1969 Sep 2020 #3

That Sounds LIke A Pension To Me Me. Sep 2020 #5

Since the money wasn't legally yours, you shouldn't be surprised MichMan Sep 2020 #6