How to Find Out If You Have Pension Benefits
If you work for a large company, it is possible that you have earned a pension benefit that will pay you upon retirement. While pensions have become less popular among large employers over time, many companies still offer a pension plan for current or long-term employees.
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Instructions
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Calculate your time of employment at your company. Know your start date and how long you have worked for the employer. This is important to know when investigating pension benefits.
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Search your company's human resources manual or website for information on a pension plan. You may be referred to another document, person or company to find out more details on your specific plan.
In the event you are referred to a third-party benefits provider, someone outside of your company, you will need more detailed plan information for your company before the third party benefits provider is able to assist you.
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Contact a human resources department staff member. Your HR department has the knowledge and resources to tell you if you have a pension plan and what your specific balance is today. They may also have tools to help you plan out your future benefit based on possible retirement dates.
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Tips & Warnings
If your company used to offer a plan but stopped, you likely have a benefit if you have worked there for a long time, look for the word "grandfathered" as a key phrase to find specific benefits for long-term employees.
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Comments
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I worked at memorex from 1969 to 1984. I retired 2009 and social security sent me a letter stating I had a pension plan with memorex who has changed names 2 or 3 times. I sent a letter to someone. about my plan with copies of papers from social security and received. a letter stating they had no records of a pension plan under my name. Is there someone I can call or write to find out information?
