What Happens to Your Pension After You’re Gone?

Your pension should automatically go to survivor.

Whoever you made beneficiary that’s who it goes to, real simple you filled it out when you signed up for your pension

The only suprise is the ponzi scheme called social security where you get 25% less than you were promised when you retire.

If you choose an annuity, you will most likely have several options with varying disbursement options.

You have a right to choose survivor benefits and if you do the monthly payment will be reduced when you start drawing your pension.

Always has been a government scam since they took use off the gold standard where the government can spend more than they can pay for. 401k are for banks to get rich and government to maintain power over the people. If there is a deficit, the 401k loses value. Over 34 trillion and growing.

us forces (ARMY AIR FORCE AND ALL OTHERS ARE LIKE THAT SO ALL RETIREES PAY ATTENTION AND GET THAT EXTRA PAYMENT SPECIALLY IF YOU HAVE YOUNG CHILDREN IN OUR CASE IS LESS THAN 300.00 )

Check because companies are changing rules once you're gone that it better to take it all at once

The general fund?

It was way too expensive to have my spouse's military pension, so it would come to me if he were to die first. He had a friend who gave up tens of thousands of dollars of his military pension so his wife could get it when he died, only to have his wife die first. We are just building up savings as much as we can so if he dies first I will have enough to survive on. We did buy whole life insurance with a locked in premium which worked out for us because of his family's medical history. He would be unable to get insurance at an affordable rate if we had used term and tried to renew.