Tag: pension rights

Mid-America Pension Rights Project, Pension

Illinois’ $105-billion public pension fix struck down by state Supreme Court

Via LA Times, By Michael Muskal, LA Times May 9, 2015 Taxpayers are facing a $1-trillion public pension headache across the nation — and that remains untouched after an Illinois Supreme Court ruling on Friday. The top court in Illinois unanimously threw out a legislative fix designed to erase a $105-billion pension liability the state is facing. In its 38-page written opinion, the court said … Continue reading Illinois’ $105-billion public pension fix struck down by state Supreme Court

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Mid-America Pension Rights Project, Pension

Pamela Yip: Be wary of pension advance offerings

Via The Dallas Morning News, By Pamela Yip, The Dallas Morning News April 24, 2015 Today, traditional pension benefits are gold for retirees who receive them, as they’re fast disappearing from the workplace. But even with a pension, some retirees still struggle financially and sometimes have a need for extra cash because of unexpected bills or emergencies. Unfortunately, that’s when they can fall prey to … Continue reading Pamela Yip: Be wary of pension advance offerings

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Mid-America Pension Rights Project, Pension

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

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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 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

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Client story, Mid-America Pension Rights Project, Pension

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

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Pension

Attorney General Warns of Pension Advance Risks

Via News 26: The Michigan Attorney General’s Office is cautioning consumers of the high risks associated with pension advances. The advances – also known as pension sales, loans or buyouts, require you to sign over all or a portion of your future pension checks, typically for a five to ten-year term. In return, consumers receive a one-time lump sum payment from the pension advance company. … Continue reading Attorney General Warns of Pension Advance Risks

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Mid-America Pension Rights Project, Pension

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.

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

The ABC’s of Pension Acronyms

by Sandra Wisnewski, Director, Mid-America Pension Rights Project Welcome to the Elder Law of Michigan blog  My name is Sandra Wisnewski and I am the Director of the Mid-America Pension Rights Project. Hopefully, you have already read some of the stories about our efforts on behalf of our clients.   As you can imagine, we get lots of questions regarding pensions. This is the first of … Continue reading The ABC’s of Pension Acronyms

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When You Rely on a Pension, You Can’t Afford a Problem.

by Sandra Wisnewski, Director, Mid-America Pension Rights Project I am proud to tell you about a program that exists at Elder Law of Michigan! It is the Mid-America Pension Rights (MAPRP). Since the project began in 1998, we have helped over 10,000 clients and have recovered individual pension benefits valued at more than 48 million. The project is funded by the Administration for Community Living. … Continue reading When You Rely on a Pension, You Can’t Afford a Problem.

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