It's nowhere near a CEO bonus, but I just found out I have a pension

SoCalDem

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Thu Jul-30-09 12:40 PM
Original message

It's nowhere near a CEO bonus, but I just found out I have a pension

Edited on Thu Jul-30-09 12:40 PM by SoCalDem

and can start collecting NOW.. I did not think I had vested in the union plan, & have not worked for years & years. I vaguely remembered that there was a pension, but I did not think I had worked long enough. The union has always sent me stuff, but I always just tossed it. I opened one yesterday and it had a phone number so I called it. I became eligible in May of this year. they don't reimburse for back months, but I'm gonna start getting a whopping $397.00 a month forever..Yay!!

I had made a mental note to check into it when I turned 65.. I'm so glad I did not wait until then:)

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closeupready

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Thu Jul-30-09 12:41 PM
Response to Original message

1. Wow, that's great news.

:) :hi:

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SoCalDem

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Thu Jul-30-09 12:43 PM
Response to Reply #1

3. I'm thrilled..

Th elady told me that if I rushed down to the union office today, I could get a check in August, but they close at 2PM and I have no idea where it is, so I'll just ait another month:)
It made my day :)

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Lars39

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Thu Jul-30-09 12:43 PM
Response to Original message

2. Oh, that is good news.

And money you wouldn't have had but for the union, too, I bet. :)

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SoCalDem

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Thu Jul-30-09 12:44 PM
Response to Reply #2

4. Exactly.. My husband & I will be totally reliant on SS & our 401-k & savings

he's never worked anywhere that had a pension plan:(

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Kingofalldems

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Thu Jul-30-09 12:46 PM
Response to Reply #4

5. Go out and have a nice dinner

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Lars39

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Thu Jul-30-09 01:44 PM
Response to Reply #4

8. And pension plans are getting even more scarce.

That amount per month might sound like chump change to some,but it might really make a big difference for you two...glad you opened that envelope. :hug:

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Mike K

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Thu Jul-30-09 01:33 PM
Response to Original message

6. Pension

Nice surprise -- like hitting a lottery.

(I'm sure it will make those little grand-babes playing in the yard happy, too!) :)

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SoCalDem

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Thu Jul-30-09 01:58 PM
Response to Reply #6

9. No grand babies yet.

Youngest has been married a year and they want to wait until they are in a home of their own..Oldest's been married 8 years, but they are quite happily childless & the middle is pushing 32 and just broke up with his girlfriend, so it will be a while yet :)

our yard SUCKS anyway :(

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dhpgetsit

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Thu Jul-30-09 01:34 PM
Response to Original message

7. Nice. I had to burn my 401K last year and may have to burn my IRA to save my home now.

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