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Article: New help with your pension problems. (Your Retirement) (Column)
- Article from:
- Kiplinger's Personal Finance Magazine
- Article date:
- December 1, 1994
- Author:
CopyrightCOPYRIGHT 1994 The Kiplinger Washington Editors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Your company went bankrupt and your pension is in limbo. What do you do? Your husband died a few months ago. Why have his pension checks stopped coming? Your lump-sum retirement payout is less than that of a colleague who retired last year with fewer years of service. Why?
When faced with such questions, residents of eight states now have a place to turn if their employers can't answer them or they don't trust the answers they're getting. The free assistance is provided by special counseling projects funded by the Administration on Aging.
Roger Ransom of Chandler, Ariz., has already taken advantage of the help. After being laid off as part of a corporate ...