Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Pension Lump Sum payment lost?
Old 12-15-2017, 10:42 AM   #1
Recycles dryer sheets
 
Join Date: Jul 2016
Location: Chicago
Posts: 137
Pension Lump Sum payment lost?

Anyone else have this problem? XOM pension lump sum was offered and accepted. All paperwork was processed in the late summer/early fall. Payout was due 12/1, with check to be sent to Fido. (Why they still insist on issuing paper checks is a different story). Four letters arrived for me, saying check was processed, thanks for working with us & survey, confirmation of election, and BNY check advice.

But....check never made it to Fido. "It's the mail, it is the busy season" - yet 4 letters made it to Chicago, and the check couldn't find its way to Cincinnatti??

So, the only course of action is request another check -- expect it in 10 business days.

I'm sure I am the 1 in 1000 that had this happen -- or am I? Please let me know if you experienced a delay - especially with BNY or XOM.
HarveyS is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Another pension lump sum vs. monthly payment question robls FIRE and Money 11 02-08-2011 03:52 PM
Help w/ odd Lump Sum vs Fixed Payment COLA'd Pension problem nsharp FIRE and Money 4 06-11-2008 09:04 AM
Help w/ odd Lump Sum vs Fixed Payment COLA'd Pension problem nsharp Other topics 1 06-11-2008 06:05 AM
lump sum or monthly payment valve monkey FIRE and Money 20 03-26-2007 08:18 PM
Pension: Lump Sum or Monthly Payment ? Helena FIRE and Money 12 09-07-2006 09:00 AM

» Quick Links

 
All times are GMT -6. The time now is 04:44 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2019, vBulletin Solutions, Inc.