Tyler Summitt's inherited pension from UT

Pinkroses · ‎03-10-2010

14.460 a month for his entire life! Wow! Good for him!

Mominohio · ‎08-08-2010

This is yet another way our states and pension systems are broke.

I don't think pension systems that are funded by (or have to be bailed out by) taxpayer money should have the non spouse option (or non significant other). I don't believe children or others should be able to inherit a pension. Someone has to pay for that, and guess what, it ends up being taxpayers.

Tinkrbl44 · ‎08-23-2010

@Pinkroses wrote:
14.460 a month for his entire life! Wow! Good for him!

@Pinkroses

Has this been discussed on here previously so we all should know who you're referring to? Who is this person?

chickenbutt · ‎03-09-2010

I don't know who it is either. I figure if I decide I need to know I'll just Google the name. Usually I don't.

I read another thread title somewhere here about two people getting married. Never heard of either of them. Oh well. Usually, I figure I'm the only one.

wildcat fan · ‎03-23-2010

@chickenbutt @Tinkrbl44

Former University of Tennessee women's basketball coach Pat Head Summit's son. She passed away this summer. May she rest in peace.

That pension inheritance is a shocker for me!

wildcat fan · ‎03-23-2010

This article has some info about Pat's will. The last couple of paragraphs have some interesting info about Tennessee's non-spouse pension plan.

http://www.tennessean.com/story/sports/college/ut/2016/08/25/pat-summitts-leaves-personal-property-t...

Peaches McPhee · ‎04-19-2010

@Pinkroses wrote:
14.460 a month for his entire life! Wow! Good for him!

Is that supposed to be $14,460? Or $14.46? (Either figure is ridiculous.)

I did not know you could inherit a pension from your parent. What a deal!

-- pro-aging --

Rochester, New York

maestra · ‎03-09-2010

Considering that the decimal pint is after the 14 is he inheriting $14.60 a month or was the decimal supposed to be a comma, ie. $14,460.00?

That decimal point or comma makes a big difference.

wildcat fan · ‎03-23-2010

@Peaches McPhee wrote:
@Pinkroses wrote:
14.460 a month for his entire life! Wow! Good for him!

Is that supposed to be $14,460? Or $14.46? (Either figure is ridiculous.)
I did not know you could inherit a pension from your parent. What a deal!

$14,460/month for the rest of his life