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Another reason to DIY !
Old 10-24-2013, 03:30 PM   #1
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frayne's Avatar
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Location: 19th Hole
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Another reason to DIY !

Asking people who receive pensions to pay it back !

Pensions Ask Retirees to Pay Back Tens of Thousands - Yahoo Finance

Normal is an illusion...what is normal for the spider is chaos for the fly.
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Old 10-24-2013, 03:49 PM   #2
Thinks s/he gets paid by the post
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Join Date: Jul 2012
Location: Illinois and Florida
Posts: 3,935
Never thought I'd be happy to NOT have a pension. With friends in some edgy pension plans like Chicago teachers or municipal workers, I can relate to their fears. It's very scary. Some other friends have pensions which are being paid out of fund principal already... and not covered by PBGC.
Oh!.. to return to the old days of corporate loyalty and ESOP plans.

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Old 10-24-2013, 04:08 PM   #3
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Join Date: Mar 2008
Posts: 630
Looks like she knew they were overpaying her from the start, but did nothing about it. It's no different than the IRS making an error on your tax return and then forcing you to pay it back. They are not responsible for making errors.
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