Tag: pension rights

Senior woman smiling and holding a bouquet of tulips.
Mid-America Pension Rights Project, Pension, Planning for the Future, seniors

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 (MAPRP) assists clients with pension and 401(k) issues. There are no age or income restrictions and there is never a charge for our services. MAPRP works to find answers and solutions to your pension-related problems. Just ask Ms. R. Ms. R had been physically separated from her husband for many years, but they … Continue reading A Working Class Program that Works to Solve Your Pension Problems

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Mid-America Pension Rights Project, Money and Finances, Pension

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 (MAPRP) assists clients with pension and 401(k) issues. There are no age or income restrictions and there is never a charge for our services. MAPRP works to find answers and solutions to your pension-related problems. Just ask Ms. Z. Ms. Z received a letter from her pension plan indicating that she had been overpaid.  … Continue reading A Working Class Program that Works to Solve Your Pension Problems

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Pension, Uncategorized

Treasury Rejects a Plan to Cut Pensions for Teamsters

via freep.com, by Susan Tompor, Detroit Free Press, May 6, 2016, Retired truck drivers and other members of the Teamsters union scored a victory and avoided drastic cuts to their pensions, as the U.S. Treasury rejected a bailout plan proposed by the Central States Pension Fund. Central States Pension Fund trustees submitted a proposed rescue plan in late September as a way to avoid an even more … Continue reading Treasury Rejects a Plan to Cut Pensions for Teamsters

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Mid-America Pension Rights Project, Pension

Akron-area Teamsters Headed to Washington to Protest Pension Cuts

via ohio.com, by Jim Mackinnon, Beacon Journal, April 12, 2016, Thousands of retired Teamsters — including two busloads from the Akron area — will pressure federal lawmakers Thursday at a rally in Washington, D.C., to ward off deep pension cuts expected to start this summer. “The rally is going to be on the west front lawn of the U.S. Capitol,” said Mike Walden, a retired … Continue reading Akron-area Teamsters Headed to Washington to Protest Pension Cuts

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Client story, Mid-America Pension Rights Project, Money and Finances, Pension, Planning for the Future

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 (MAPRP) assists clients with pension and 401(k) issues. There are no age or income restrictions and there is never a charge for our services. MAPRP works to find answers and solutions to your pension-related problems. Just ask Mr. D. Mr. D worked for a company that had long been out of business … Continue reading A Working-Class Program that Works to Solve Your Pension Problems

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Pension

Carpenters’ Union Alleges C.F. Bordo Failed to Pay Labor Fees

via Penn Record, by Annie Hunt, pennrecord.com, February 24, 2016, A Pittsburgh carpenter’s union is suing a Dunmore construction company, alleging failure to pay labor fees. Carpenters Combined Funds Inc., by administrator James R. Klein, filed a lawsuit Feb. 15 in U.S. District Court for the Western District of Pennsylvania against C.F. Bordo Inc., James Bordo, Ceaser F. Bordo and Leslie Bordo, alleging violations of … Continue reading Carpenters’ Union Alleges C.F. Bordo Failed to Pay Labor Fees

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FYI, Mid-America Pension Rights Project, Money and Finances, Planning for the Future, senior independence

Should I take a Lump Sum Pension Payout?

by Sandra Wisnewski, J.D., Director of the Mid-America Pension Rights Project Since 1998, the Mid-America Pension Rights Project (MAPRP) has been assisting clients with pension issues. One question that we frequently receive is whether or not to take a lump sum payout of a pension benefit. Some employers offer a one-time lump sum payment in lieu of a traditional life-time annuity option. This option can be a … Continue reading Should I take a Lump Sum Pension Payout?

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Pension plan paperwork with glasses resting on them.
Mid-America Pension Rights Project, Pension

MAPRP and the Pension Benefit Guaranty Corporation

by Sandra Wisnewski, J.D., Director of the Mid-America Pension Rights Project Most of you may know that the Mid-America Pension Rights Project (MAPRP) assists clients with pension issues, but you may not know that the MAPRP works closely with the Pension Benefit Guaranty Corporation (PBGC). The PBGC is the government entity that insures most private pension plans when a plan terminates. One of the most … Continue reading MAPRP and the Pension Benefit Guaranty Corporation

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Pension

Hundreds Speak Out On Proposed Teamster Benefit Cuts

Over 500 people attended an event last night at Wayne State University regarding the proposed cuts to the retirees pensions of the Central States fund. via The Detroit News, by Candice Williams, detroitnews.com, February 8, 2016, More than 500 people filled a public hearing Monday to speak out on proposed benefit cuts to one of the largest Teamster pension funds, which includes 30,000 members in … Continue reading Hundreds Speak Out On Proposed Teamster Benefit Cuts

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Pension

Teamsters Meet in Youngstown Over Pension Cuts

Update regarding the Ohio Teamster’s Pension, via WFMJ, by Danielle Cotterman, wfmj.com, January 31, 2016, Sunday afternoon, Teamsters from around the state packed a local union hall to discuss proposed pension cuts for thousands of workers who participate in the Central States Pension Fund. The meeting was held at Teamsters Local 377 in Youngstown. “Our dollars have gone away, I probably put $410-thousand plus in … Continue reading Teamsters Meet in Youngstown Over Pension Cuts

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