After taxes, her lump sum payment will be $70 million.
The older workers would be offered a lump sum payment of $20,000 to retire early.
A participant can abandon the business after getting the lump sum payment, go work for someone else yet keep the money.
The lump sum payments are not added to the basic wage of the union workers, which is about $14 with the raise.
"Employees love lump sum payments, which most traditional plans don't provide," he said.
He's received a lump sum payment - believed to be a few thousand pounds.
Workers on the payroll in 1992 would also receive a lump sum payment of $2,000.
The plan document has to allow for the automatic lump sum payment.
He received an early retirement package, which included a $30,000 lump sum payment.
Will I get interest on the lump sum payment of my retirement contributions?
After taxes, her lump sum payment will be $70 million.
The older workers would be offered a lump sum payment of $20,000 to retire early.
A participant can abandon the business after getting the lump sum payment, go work for someone else yet keep the money.
The lump sum payments are not added to the basic wage of the union workers, which is about $14 with the raise.
"Employees love lump sum payments, which most traditional plans don't provide," he said.
He's received a lump sum payment - believed to be a few thousand pounds.
Workers on the payroll in 1992 would also receive a lump sum payment of $2,000.
The plan document has to allow for the automatic lump sum payment.
He received an early retirement package, which included a $30,000 lump sum payment.
Will I get interest on the lump sum payment of my retirement contributions?