A woman smiling.

A Working Class Program that Works to Solve Your Pension Problems

by Sandra Wisnewski, J.D., Director of the Mid-America Pension Rights Project The Mid-America Pension Rights Project assists clients with pension and 401(k) issues. There are no age or income restrictions. And there is never a charge for the services. The Pension Project works to find answers and solutions to your pension-related problem. Just ask Ms. T. Ms. T’s former employer had an employee pension plan. … Continue reading A Working Class Program that Works to Solve Your Pension Problems

You’ve Been Offered a Ton of Money. Should You Take It?

via Bloomberg.com, by Suzanne Woolley, bloomberg.com, October 22, 2015, It’s like the famous marshmallow tests done at Stanford University decades ago, when researchers gave some kids marshmallows and told them if they waited 15 minutes to eat them they’d get a second one.1 The kids who delayed gratification went on to have better lives, judged by a variety of measures, than the kids who didn’t. When it comes to … Continue reading You’ve Been Offered a Ton of Money. Should You Take It?

Upper St. Clair Schools Withhold State Pension Payments

via Pittsburgh Post-Gazette, by Clarece Polke, Pittsburg Post-Gazette, October 16, 2015, Upper St. Clair School District board directors are making a statement amid the ongoing state budget impasse: We won’t pay our bills until you pay yours. In a Sept. 21 voting meeting, board directors voted to withhold the employer’s portion of its payments into the Pennsylvania School Employees Retirement System — PSERS— until the 2015-16 … Continue reading Upper St. Clair Schools Withhold State Pension Payments

Couple Running

Celebrate World Osteoporosis Day

by Char Brooks, J.D., Community Garden Facilitator and Attorney At ELM, we do our best to educate you on matters which can help you enjoy your life more. We are fortunate that there is a plethora of information on so many causes that are relevant to seniors. The purpose of World Osteoporosis Day is to raise awareness about the importance of having strong bones. Osteoporosis affects … Continue reading Celebrate World Osteoporosis Day

A calculator

Looming Pension Cuts

Early last week, many of the Central States retirees received letters concerning the proposed cuts to their pension benefit. Although cuts to pension benefits is not a new concept, the fact that these cuts are now affecting participants who are already collecting their pension benefit, retirees, is a new concept. This is due to 2015 Omnibus spending bill which was passed by Congress and signed … Continue reading Looming Pension Cuts

Michigan Tech Receives Refunds From Retirement System

Via Uppermichigansource.com, By Aaron Boehm, uppermichigansource.com, September 30, 2015, As the result of a recalculation of liability on a state retirement program, Michigan Technological University and six other state universities, received several million dollars in refunds on Tuesday. Michigan Tech President Glenn Mroz says the recalculation showed that the universities were billed more than needed to cover liabilities to the Michigan Public Schools Employees Retirement … Continue reading Michigan Tech Receives Refunds From Retirement System

A family barbequing outside.

Wills vs. Trusts – Part 5

by Christine Steinmetz, J.D., Hotline Attorney This post is part of a series regarding wills and trusts. Previous posts in this series can be found here. In our previous posts, we discussed that a will always goes through probate. We also began talking about how a trust avoids probate. As we discussed previously, probate administration is the court process to distribute property owned by an individual … Continue reading Wills vs. Trusts – Part 5