8 Questions To Ask Before Taking A Pension Lump Sum Offer

Via Forbes, By Ashlea Ebeling, Forbes March 23, 2015 When it comes to analyzing a lump sum pension offer, employees need more help. That’s the conclusion of a new Government Accountability Office report, Participants Need Better Information When Offered Lump Sums That Replace Their Lifetime Benefits. “Participants presented with a lump sum offer may not have a full appreciation of the range of risks involved … Continue reading 8 Questions To Ask Before Taking A Pension Lump Sum Offer

Pension rights group: Overpayments to Pontiac retirees should be forgiven

Via The Oakland Press, By Dustin Blitchok, The Oakland Press April 6, 2015 Internal Revenue Service rules could allow the 150-percent-funded Pontiac General Employees Retirement System to forgive overpayments made for 16 months to 600 retirees. The IRS issued a clarification in March that indicates pension funds aren’t required to recover overpayments from retirees, said Nancy Hwa, communications director for the Washington D.C.-based nonprofit Pension … Continue reading Pension rights group: Overpayments to Pontiac retirees should be forgiven

Teamsters Mount Grassroots Campaign to Block Pension Cuts

Via LaborNotes, By Jane Slaughter, LaborNotes April 21, 2015 Teamsters are up in arms over looming pension cuts that could slash the incomes of both current and future retirees—anyone under 80. They’re battling trustees of the enormous Central States Pension Fund, which has said that cuts of up to 30 percent may be necessary, as soon as possible, to keep from running out of money. … Continue reading Teamsters Mount Grassroots Campaign to Block Pension Cuts

Teamsters pension trustees to pursue benefit cuts

Via the Star Tribune, By Jim Spencer, Star Tribune APRIL 8, 2015 The financially strapped Teamsters Central States Pension Fund will pursue benefit cuts to retirees — including thousands in Minnesota — under a new federal law co-sponsored by Rep. John Kline, R.-Minn. At a meeting in a Chicago suburb Wednesday, the fund’s trustees told union leaders from across the Midwest that they will pursue … Continue reading Teamsters pension trustees to pursue benefit cuts

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. N.* Ms. N worked for a company for many years. … Continue reading A Working Class Program that Works to Solve Your Pension Problems

What is a QDRO and Why is it Important?

by Sandra Wisnewski, Director of the Mid-America Pension Rights Project This post is part two of a series of blog posts covering pensions and their acronyms. Part one can be found here.  QDRO is the acronym for, qualified domestic relations order. Without getting too bogged down with the gory details, a QDRO is a document that is generated when a divorce occurs.  A QDRO is … Continue reading What is a QDRO and Why is it Important?

Employee of the Month: Kate Larlee

by Char Brooks, J.D., Project Healthy Living Coach Kate Larlee began working at ELM in June 2013 as a Legal Intern while a student at Michigan State University College of Law. She has come a long way and is now part of the Legal Hotline for Michigan Seniors as well as assisting the Mid-America Pension Rights Project. Her many accomplishments since starting at ELM include … Continue reading Employee of the Month: Kate Larlee

A Working Class Program that Works to Solve Your Pension Problems

by Sandra Wisnewski, 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. B. Ms. B’s husband, of 57 years, had recently passed away. … Continue reading A Working Class Program that Works to Solve Your Pension Problems

A Working Class Program that Works to Solve Your Pension Problems

by Sandra Wisnewski, 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 Mr. J. Mr. J worked for a company for over ten years. … Continue reading A Working Class Program that Works to Solve Your Pension Problems

A Working Class Program that Works to Solve Your Pension Problems.

by Sandra Wisnewski, 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 our services.  The Pension Project works to find answers and solutions to your pension-related problems.  Like those of Mr. W. Mr. W worked at a company for over twenty … Continue reading A Working Class Program that Works to Solve Your Pension Problems.