On the ‘Net Employees’ Pension Rights

Looking for a good source of information on pensions … particularly for employees? Uncle Sam can help.

The U.S. Department of Labor has a free booklet called “What You Should Know about Your Pension Rights.”

The information spells out the rights—as well as the obligations—of employees with regard to pensions. It also describes employers’ rights and obligations. Employers are required to provide certain information about the pension plan at regular intervals, and, in many cases, at no cost.

The booklet also discusses the potential impact on a pension plan of mergers, acquisitions and plant shutdowns. It’s available at: http://www.dol.gov/dol/pwba/public/pubs/youknow/knowtoc.htm.

Source: U.S. Department of Labor, Washington, D.C.