Deferred Pension or Commuted Value Transfer?
I have asked a friend to join this forum, but until then, I'll post on her behalf hoping to hear some expert opinions.
- she's working and in her 40's [planning to retire at 55/60]
- is included in the partial wind-up of prior employer's Pension Plan [pensionable service = 12 years]
- is included in the distribution of the partial wind-up surplus
- is entitled to a deferred unreduced pension of about $1400 monthly
commencing in 2027, which is the earliest unreduced retirement age 
My friend is inclined to go with the CV transfer, but she is not comfortable handling her own investments [yet], so would she not be better off electing a Deferred Pension instead?
Her specific question is: how to get a reasonable estimate of a commuted value? She also said that her deferred pension is not enough to hire a professional actuary.
Thanks in advance.