Name:   Talullahhound - Subject:   PENSION BENEFITS Date:   1/11/2018 11:56:33 AM

The problem is that sometimes people have to settle for pennies on the dollar and most of the time it is no where near the pension they had counted on.  I took a class with an official  for this little known agency, and that is what he said happens.  

I think one thing I will say about pensions - most people went to work with the idea that they would work and end up with a pension into which they have paid.  Then comes a time when companies decide that they can't afford a pension program anymore, or the company goes bankrupt, or they just don't want to be bothered administering a pension program.  So they stop and the employees are left high and dry, and people are panicked because they counted on that pension.  At least this agency tries to help.