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Pension Lump Sum payment lost?
Old 12-15-2017, 11:42 AM   #1
Recycles dryer sheets
Join Date: Jul 2016
Location: Chicago
Posts: 243
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
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