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My mom is planning on getting married and is receiving a pension from her late husband who was a retired general motors employee. I'm trying to advise her it might not be the best idea. also could you supply a 800 number or web site that I could show her. Thank you very much

2006-08-31 16:04:04 · 3 answers · asked by Trent E 1 in Business & Finance Personal Finance

3 answers

Each pension plan is a little different; there will be differences even between the various GM plans. I'd try contacting the Pension Benefit Guaranty Corporation for starters. They're the government subsidiary that insures pension plans (kind of like how the FDIC insures your bank account). They might not have all the info you need--- they're really only the "experts" on plans that have gone into trusteeship (the plan has ended and is in a payout-only phase, or the company has "dumped" the plan in a bankruptcy) but they can point you to the right resources on pension law in general and probably even provide a contact within GM for your mom to talk to.

2006-09-02 16:08:19 · answer #1 · answered by dcgirl 7 · 0 0

apparently those tests are to make up for the tremendous concessions the Union made as a fashion to maintain jobs. Aw ain't that tremendous. The tests could be mailed to each operating taxpayer who bailed out this "too huge to fail" entity. Which reminds, why did Ford not desire a bailout. As issues stand, if GM made money, it really is going to pay off their bailout and then per chance, they could commence paying taxes back.

2016-12-06 02:04:06 · answer #2 · answered by Anonymous · 0 0

do they

2015-09-25 15:20:15 · answer #3 · answered by Waverly 1 · 0 0

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