Usacomplaints.com » Business & Finance » Complaint / Review: Pension Benefit Guaranty Corp - Scam and cheating. #508808

Complaint / Review
Pension Benefit Guaranty Corp
Scam and cheating

I'm writing for you today with respect to my dead father. My dad was a content, healthful 59-year old-man experiencing living and his household, when he was identified as having phase IV pancreatic cancer. We were all ruined. He was handed just 2-4 weeks to reside. We received merely a small amount of time to organize for my dadis demise and obtain all his funds so as. It appeared as if we were all-in a poor dream. We come up with a will, POA, advanced directives, and produced preparations for end-of living treatment athome, and several other activities. We attempted to obtain his property so as along with all of the hospital admissions my dad had up to your day he died, with which we invested hours and hours at his bedroom. It had been all occurring so quickly, we hardly had time for you to have a deep breathing.

My dad was a Vietnam veteran and worked like a vital treatment/stress nurse, he used the majority of his living investing herself towards the support of others. He offered of herself readily, and without issue. He was liked by all. Oneday within the clinic my dad informed us he had a pension in one of the hospitals he labored at, that had shut. He didnot remember who'd been the newest owner of the pension, and didnot actually recall lots of specifics. At the moment my dad was really sick and affected with disease, his brain was questionable. Our siblings and that I continued a look for his pension. We discovered the organization that had his pension and approached them regarding cost to my dad. My dad at this time have been considered impaired. We completed all of the required paperwork and delivered it back again to the organization. My dad realizing he'dnot be about to gather his pension (they didn't permit a-one lumpsum cost) specified me the successor of his pension to talk about with my siblings in case of his death. We believed it had been a done-deal, we considered inappropriate. We were informed by the corporation that no funds of my dads pension is likely to be paid since my dad died 10 times before funds were suppose to begin. We were surprised and dumbfounded to listen to that my dads cash will be stored by this company since he could not live-long enough to create it before specified transaction day, that was based on the corporation.

After I called to ask about the refusal, they simply stated these were sorry, however itis their plan. I attempted to describe that my dad was dying and we simply discovered his pension lately, but nevertheless we posted all of the required paperwork and he decided on a successor that will be still living. It didn't matter for them. We also found discover that my dad was permitted obtain cost at age 57, he might have been gathering his pension currently.

Just how can they simply remove his cash he worked hard for centered on a romantic date? God forbid, he died before their transaction day. We're traumatized concerning the passage of our dadis demise and firm's such as this who ought to be assisting ease the credit card debt left out by some, alternatively they're taking another personis cash, and really should be ashamed of themselves. Just how can this occur in the USA, the nation my dad offered his existence for? You may still find medical expenses that require to become compensated which cash might certainly support negotiate a number of his debt. S


Offender: Pension Benefit Guaranty Corp

Country: USA
Site:

Category: Business & Finance

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