Dave pensioners won't miss a check. It's managed by Fidelity and last I heard the pension fund was funded at about 90%,, AT&T can still offer lump sum down to 75%.. ( I believe) , And even at 75% pensioners won't miss a check. T is too strong to have problems like that right now. Who knows about 2 - 3 years from now though, anything could happen.
Whopper. You were on my ignore list. Possibly by accident. Only because my Yahoo daily posting email alerts displays the first few sentences of your intelligent response, did i read rest of what you wrote yesterday.
So I brought you back from banishment and see I may have made a mistake. My apology.
I'm well aware of what you write regarding pension options. My posting was directed to a Troller who said (in essence) the underfunding was so serious that retiree's would be left holding the bag. I think the idiot who wrote that got the JCP board confused with T.
Sadly, that dimwit does not not know about insurance and safeguards that protects things like that from happening. I'm not here to spread nonsense like he and his ilk do. You and I are on the same page regarding the sustainability of not only the pension, but the excellent dividend we enjoy. Sorry again for the misunderstanding.
Looking forward to a good earnings report later today and continued price appreciation.