Rather than receiving a lump sum payment, Premera pays the provider 5% more on all of their charges.
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Ford Motor said Friday it will offer 90, 000 of its retired engineers and office workers the option to accept a lump sum payment now and to forgo their regular monthly pension checks for the rest of their lives.
Put another way, women may have further reasons to forgo a company lump sum payment in favor of a monthly pension stream of payments.
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This means that those making a lump sum versus periodic payment decision may never have a higher lump sum option.
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Furthermore, the government extracts a tax penalty if pensioners choose to take a lump-sum payment on reaching retirement.
Only those who file for and receive a lump-sum payment later in the year will waive their right to litigate.
Gambling winnings, including lotteries, raffles or a lump-sum payment from the sale of a right to receive future lottery payments.
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Once the moratorium expires, Mr. Dorman, of Staten Island, will be responsible for covering the missed months in a lump-sum payment.
In June, GM said it will offer 42, 000 white-collar retirees in the U.S. a lump-sum payment in lieu of their monthly pension check and will transfer pension responsibility for 76, 000 others to a group annuity plan managed by Prudential Insurance.
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The offer was a 1% rise in the next two years and a 1% lump sum payment.
The offer was a 1% rise in 2013, a 4% increase in 2014 a 1% lump sum payment.
Today borrowers are more likely to be in their early 60s (62 is the minimum age), and they are overwhelmingly (70%) choosing a fixed rate lump sum payment option.
They have offered for me to make a one-off lump sum payment to bring the account up to date or to extend my mortgage term, but this does not alter the fact that it is their error that will now impact on my finances.
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Also think about receiving your severance payment as salary continuation rather than a lump sum agreement.
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