Usacomplaints.com » Career & Work » Complaint / Review: Vangent - Non-payment of 401k plan funds. #755995

Complaint / Review
Vangent
Non-payment of 401k plan funds

I worked for (National Company) Vangent for that CMS (Middle for Medicade Providers) from 10/23 through 7/23. I had been unemployed, and so I got the momentary placement to supply revenue till I really could find normal work.

The contract after I was used was that my earnings were $12. XX/time (by National Standard) along with a $3.50/time stipend to protect health care insurance benefits. When I was spending money on health care insurance protection I decided to maintain that protection we'd and decided to possess $3.50/time stipend place in my 401K program, this stipend is gathered from the General Services Management, who keeps onto the stipend for six months (without spending any curiosity) to protect any possible costs. The cash is subsequently used in the contractor’s plan 401k Program. The GSA did this for that first 3 groups I worked for Vangent.

I resigned from Vangent providing fourteen days notice when I discovered another work on July 23.

After I asked why the stipend I’d gained for September and July (around. $1120) hadn't been moved in the GSA to my 401K program by the finish of March, I had been educated by GSA nowadays that I'd be asked to lose this quantity by Vangent plan. I’ve required this be examined by Vangent, however they aren't cooperating. Personally I think that I gained these resources, and that I was cautious to keep insurance policy through Combined Healthcare during this period. I had been relying on these resources to become transferred in my own 401K program to ensure that “someday” I will manage to retire.

This company has been compensated from National resources, and that I believe this can be a REALLY shady, illegal “grab” of funds that I've gained. I required of the Vangent time representative. Why I had been NOT educated of the plan after I originally visited work with Vangent or after I resigned. I've not yet acquired an answer. (Had I been correctly educated, I really could have renegotiated my resignation day at Vangent to ensure that I'd have obtained my profits in the 3rd-quarter.) I'll be processing grievances with all national regulatory organizations AND elected officers. Vanget has broken their printed primary ideals with this specific motion, and must be controlled.


Offender: Vangent

Country: USA   State: Arizona

Category: Career & Work

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