The Norman Transcript

Features

December 5, 2012

Tips for seniors on how to find a lost pension

(Continued)

NORMAN —

Some other old forms that can help you prove eligibility are your Summary Plan Descriptions (SPD) that you should have received from your employer when you worked there, or any individual benefit statements.

 

Check the PBGC

If you can’t find your former employer because it went out of business, or, if the company ended its pension plan, you need to check the Pension Benefit Guaranty Corporation’s (PBGC) online pension search directory at search.pbgc.gov/mp/mp.aspx. Or, you can call 800-400-7242 and get help over the phone.

 The PBGC is a federal agency that guarantees pensions of bankrupt companies. The agency also maintains information on any pension plan that has been terminated, even if the company is still in business. 

The PBGC, however, does not cover or have information on lost pensions that are still active, nor will they help you locate lost 401(k) plans.

 

Get help

The best resource to help you track down a lost active pension from a company that has moved or merged with another firm is the U.S. Administration on Aging Pension Counseling and Information Program. This free program encompasses seven pension assistance programs around the country that serve workers in 30 states. To get the contact information of these counseling programs and the states they serve, visit the Pension Rights Center website at pensionrights.org.

If your pension happens to be outside the area served by the pension counseling centers, or if you’re trying to locate a federal or military pension, use Pension Help America at pensionhelp.org. This resource can connect you with government agencies and private organizations that provide free information and assistance to help your search.

For more information, the PBGC has a free publication called “Finding a Lost Pension” that provides in-depth information that can aid in your search. See pbgc.gov to see it online, or call 800-400-7242 and ask them to mail you a copy.

Send your senior questions to: Savvy Senior, P.O. Box 5443, Norman, OK 73070, or visit SavvySenior.org. Jim Miller is a contributor to the NBC Today show and author of “The Savvy Senior” book.

For local news and more, subscribe to The Norman Transcript Smart Edition, or our print edition.

Text Only | Photo Reprints
Features
  • Parents should work on themselves first

    I absolutely love it when people begin to realize that the problems they’re having with a child are of their own making; when they begin to realize, in other words, that the child is not the problem — they are. All this time (however long ...

    July 25, 2014

  • Helping cat with first veterinarian visit

    Dear Dr. Fox: A stray kitty adopted me a couple months ago and has since been tamed enough that I have found a vet to neuter him and do some much-needed dental work. My fear is that the poor boy will be so traumatized by this ordeal that ...

    July 24, 2014

  • Veterans Corner needs volunteer to drive residents to OKC VA

    Veterans Corner volunteer of the week David Sudduth has been with us for the last eight years. He is a veteran of the U.S. Air Force who served during the Vietnam War. David and his wife, Carolyn, have had their home in the Newalla area ...

    July 23, 2014

  • Low-cost and free cell phone options for thrifty seniors

    Dear Savvy Senior, What are the cheapest cell phone options available today to seniors living on a shoestring budget? I only need it for occasional calls. — Seldom Calling Senior Dear Seldom, For financially challenged seniors who only ...

    July 22, 2014

  • Harrah residents at home in restored vintage camper

    Sulphur — David Wiegert was quick to help a couple of newbie campers at the Buckhorn Campground on Arbuckle Lake in the Chickasaw National Recreation Area. What Dave offered was badly needed advice on setting up travel trailers, where to ...

    July 20, 2014

  • Historic quilt from Noble on auction block

    An alert quilter and teacher is concerned about a vintage quilt from Noble that’s being auctioned on eBay....

    July 20, 2014

  • Bark for Life brings pets into fundraising

    Local American Cancer Society member and Norman Regional nurse is at it again, raising awareness for cancer patients with an event that gets people moving. “Bark for Life” is a noncompetitive walk that will be from 8 to 10 a.m. Saturday ...

    July 20, 2014

  • Deadline for entering United Way’s The Ride extended

    Kids ages 3 to 8 are getting ready to roll on their decked out big wheel tricycles in an effort to raise money for the United Way of Norman. The Ride, a big wheel race organized by First American Bank and other local businesses, is ...

    July 20, 2014

  • Fundraiser set

    The Apple Gold Group, a franchisee of Applebee’s Neighborhood Grill and Bar, will host a flapjack fundraiser July 26 at Applebee’s, 500 Ed Noble Parkway in Norman....

    July 20, 2014

  • Sculpture brings tornado-torn community together

    After the May 20 tornado tore through Moore in 2013, hundreds of families were left to pick up the pieces. And it was in these old, shattered pieces of people’s homes and scattered debris that two local artists found something new....

    July 20, 2014