Benefit denial

If you were among the 15.7 million private-sector workers with a traditional defined benefit pension plan in the U.S. in 2012, now might be good time to stop counting your blessings.

The Pension Rights Center and the New England Pension Assistance Project applaud the Pension Benefit Guaranty Corporation (PBGC), the National Archives, and the Employ

When Carol Cascio’s husband suddenly died of a heart attack at age 52, her husband's pension plan told her that she would receive a survivor’s benefit in three years, when her husband would have been eligible for early retirement had he lived. The benefit would be based on the pension her husband had earned during his 33 years of work at a local supermarket.

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.