Quote:
Originally Posted by albertGQ
If you don't choose to transfer it, where does it stay?
With your employer? With the company your employer uses for the pension plan?
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It stays as part of the plan and you can get the defined benefit when you're eligible for retirement. This is why you would want to consider the pension benefits you will receive at that time as compared to the funds you can transfer and invest. There are cases where each makes sense and its not a one-size fits all answer. it depends on your age, how much money you can transfer and how much the pension is on retirement.