You Don’t Lose Your Pension When Your Company Closes

Many people think that pensions completely disappear whenever a company closes, yet this couldn’t be further from the truth. If that were the case, many companies would simply close, absorb all the pensions that rightfully belonged to all the workers, and they’d never have to pay a dime. Lost pensions don’t work that way. The PBGC federal agency is in place to make sure that all lost pensions go to the rightful owners, whether the company in question is solvent or not.

Pension Benefit Guaranty Corporation (PBGC) – Reuniting Lost Pensions When Companies Close

If you work for an organization and the company closes, you may be entitled to your lost pension. The PBGC is a US government agency that oversees all the pensions that are owed to the hardworking men and women of this great country. The agency is meant to protect US citizens from companies that close and then try to withhold pensions from their former workers.

If you suspect that you may have a lost pension floating in limbo somewhere, even if it’s been several years since you’ve seen or thought of said pension, the time is now to uncover it from the PBGC federal agency.

Luckily, you don’t need to contact the company in question, nor do you have to contact the PBGC in order to recover any lost pensions. All you need to do is log into the Find Unclaimed Money database. This database is considered one of the largest in the world for searching for and claiming lost pensions.

You don’t need to know how much is out there and you don’t even have to remember the name of the company that owed you the lost pensions to begin with. All you need to do is conduct a search using your first and last name. In an instant, you’ll know if you have lost pensions or not. You’ll also be able to claim all the moneys owed to you by following a few simple steps.

Don’t waste time. Instead of going through the rigorous process of contacting the PBGC, search for any lost pensions that may be owed to you by searching the Find Unclaimed Money database. If you have lost pensions owed to you, you’ll definitely find them.