Quite a timely article too since I happen to be looking into where to put
some former pension money.
Not exact matches
NO
PENSION FORFEITURE IS A SLAP IN THE FACE TO HARD WORKING NEW YORK TAXPAYERS Assembly Minority Leader Brian M. Kolb (R,C - Canandaigua) Convicted
former legislative leaders Sheldon Silver and Dean Skelos will collect New York taxpayer
money to the tune -LSB-...]
Questions have been raised of late about political contributions made by himself and his
former law firm, which made big
money in
pension - related legal fees, to the past three state comptrollers.
In 2009,
former governor David Paterson reduced disability
pensions for uniformed workers to save
money during the recession.
Wednesday's ruling by the New York Appeals Court gives corrupt politicians like Sheldon Silver,
former speaker of the Assembly, and Dean Skelos, a
former state Senator, le ss wiggle room to appeal the
money they have been ordered to fork over, which is based in part on both of their
pensions.
«That you Mohammed Ahmed Katun while serving as an Assistant Director,
Pension Department of the Office of Head of Service of the Federation on or about the 14th day of August, 2009 within the jurisdiction of this Honourable Court, obtained by false pretences and with intent to defraud various sums of
money amounting in the aggregate to N24, 660,675.00 (Twenty Four Million, Six Hundred and Sixty Thousand, Six Hundred and Seventy Five Naira only) from the Federal Government of Nigeria through the
Pension Account held by the Office of the Head of Service of the Federation of Nigeria through fraudulent payments described as collective allowances into your bank account maintained with Ecobank Nigeria Limited (
former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.»
In such cases, your best bet is likely to leave the
money in your
former employer's
pension plan.
If you have a defined contribution
pension or a similar arrangement known as a group RRSP, there shouldn't be any problem taking your
money out if you're unsatisfied with the invesment choices in your
former employer's plan.
Retirement:
Pensions from
Former Employers (http://search.pbgc.gov/mp/)-- Search for unclaimed
pension money from companies that went out of business or ended a defined plan.
After 17 years and a bizarre series of events including a
former judge representing the defendant,
pension money originally belonging to 7,000 employees of Manitoba Telecom Services has been ordered returned to its rightful owners.
Former policy comes under
Money Back Insurance Plans and latter policy comes under
Pension Plans.