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Plucking people’s pensions

Outlet: 
Washington Post
Date Published: 
Thursday, October 29, 2015

That’s what’s happening for some folks who are giving up rights to future pension payments, reports The Washington Post’s Jonnelle Marte. It’s called pension advances, which offer retirees a lump-sum cash advance in exchange for all, or part, of their future pension payments, according to Marte.

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