re: New Job-Rolling pension payout and 401k

In most cases, rolling the old 401k assets to an IRA is in your best interest. Vastly more flexibility outside of a 401k in terms of tax/investment strategies and investment choices.

You should hire someone to do cost-benefit analysis on your pension before you do anything. That will tell you whether taking the lump sum rollover now is worth giving up future benefit payments (i.e. where is the break even point?)