Needing Cash, Veterans Sign Over Pensions
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Federal law prohibits retired military people from signing over their future pension payments to others, but some companies are still offering such deals.
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Over 17,000 former Enron or Enron-affiliated workers, who had money tied to four pension plans when the company collapsed in 2001 amidst revelations of accounting fraud, will receive their benefit payments.
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Thousands of workers who lost their pensions when firms went bust are expected to be given more financial help.
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S Airways, facing a cash shortage as it tries to avoid another bankruptcy filing, said yesterday that it would seek government permission to stretch out $67.5 million in contributions it owes to the pensions of its mechanics and ...
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Know your options to get the most out of those retirement funds.
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Businesses that sponsor pension plans are applauding the Bush administration's call for a broad overhaul of the nation's troubled retirement benefits system. But on specifics, companies are wary.
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The Department of Veterans Affairs this week doubled the disability benefits of a West Virginia soldier who has been fighting for more compensation since he returned from Iraq, and assured him that he will receive immediate access to more mental health services to treat his post-traumatic stress ...
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It's been a bonus brouhaha for the Department of Veterans Affairs.
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VA Secretary Jim Nicholson got an endorsement Wednesday from President Bush &amp;#151; and a summons to Capitol Hill &amp;#151; after the theft of veterans&#039; personal information that has become one of the nation&#039;s largest security breaches.
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Spc. Robert Loria of Middletown, N.Y., lost his arm in Iraq, but instead of a farewell paycheck from the Army he got a bill for nearly &#36;1,800. On Friday a platoon of New York lawmakers came to his rescue. Loria found himself stuck in Fort Hood in Texas this week when Army officials said he owed money for travel expenses and for lost equipment.
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Veterans from former French colonies &#151; many of whom fought to free France from the Nazis during World War II &#151; will soon be granted better pensions, ending decades of inequality, the defense minister said Monday.
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As easy-money lenders increasingly make service members a target market, military people have become trapped in a spiral of borrowing that can ruin their finances.
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In response to continued recruiting difficulties, the National Guard is tripling the cash bonuses it will pay for some new recruits and for current Guard soldiers willing
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The Department of Veterans Affairs this week doubled the disability benefits of a West Virginia soldier who has been fighting for more compensation since he returned from Iraq, and assured him that he will receive immediate access to more mental health services to treat his post-traumatic stress...
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A 1999 law promised to give entrepreneurial veterans a boost. The service could be better.
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Bumps on the road to retirement smooth themselves out.
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Antsy about your retirement plans? Oh, you're already retired? Read on.