• darkdemize@sh.itjust.works
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    13 hours ago

    I’ve never heard of it. Doesn’t that require the pension to have a buy-out value? Military pension doesn’t have that.

    • CapuccinoCoretto@lemmy.world
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      10 hours ago

      If you have a pension worth $1 mil, that trickles in over time, you sell it for $600,000 lump sum and just get pension payments deposited into an account of their choosing. You got some immediate cash. They get more money over time.