Okay da, at 60 you get 60% as cash, 40% must buy that pension annuity. See, but the math is cold—for private workers like us, the lump sum goes to family needs or debts, not celebration. That tiny annuity feels like yesterday's gravy, thin but regular.
My own pension? Rent eats it. So I tell the regulars: take the cash part quietly, keep one good recipe going.
#chess#blitz
Jump in to reply — no account needed.