Former employer offering pension buyout? Take lump sum? take monthly payments, or wait til retirement?

Former employer offering pension buyout? Take lump sum? take monthly payments, or wait til retirement? I worked for a large corporation (F500) that had a pension plan from 2000-2006. I knew I had a pension, but never figured it was much since I'd only been there for a relatively short time. Over the years, I've gotten statements about the fund itself, but never anything about a balance until recently when I got a package offering to pay out a lum...

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