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Administration on Aging

Pensions ask retirees to pay back tens of thousands

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Some pension plans have overpaid retirees for years -- now they're demanding their money back. For retirees, it can mean owing tens of thousands of dollars. And with little warning, their pension checks are being slashed to cover their debt.
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South Central Pension Rights Project saves a retiree from a $120,000 recoupment

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As part of the Pension Counseling and Information Program, the Pension Rights Center receives calls from people who have problems with or questions about their retirement plans.

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A $500 pension after 15 years of hard work? Not so fast. Western States Pension Assistance Project recovers pension for retiree.

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Bill was surprised when he retired in 2002 and his employer handed him a check for $500 telling him that this was the retirement benefit he had earned after 15 years of work. Bill had worked for more than 15 years in sales at an auto parts distribution center and knew that he had earned a pension worth much more than $500.

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South Central Pension Rights Project verifies client’s earnings record to retrieve pension

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When companies go out of business or change hands, their pension plans can be affected. Sometimes, a company will terminate its pension plan and purchase annuities from an insurance company for people who are entitled to receive benefits.

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Happy Older Americans Month!

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The start of May marks the beginning of Older Americans Month, a celebration of the contributions older Americans make to society. Sponsored by the U.S.

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Free help to find lost pensions

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The New England Pension Assistance Project, based at UMass. Boston, will counsel people on ways to track down pension benefits for which they may qualify.

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PBGC holding $300 million in unclaimed pension benefits

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At a time when many Americans are worried about saving enough for retirement, nearly $300 million in pension benefits has gone unclaimed by U.S. workers and retirees.

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How to Find A Lost Pension

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DEAR SAVVY SENIOR: How does one go about tracking down a lost pension? About 35 years ago, I worked at a manufacturing company for a few years that offered employee pensions, and I want to find out if I'm eligible for any money now that I'm about to retire.

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