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You could lose your pension if you fail to meet the vesting requirements, leave your job before becoming fully vested, or if the company managing your pension plan goes bankrupt or is unable to meet its financial obligations. Additionally, pension benefits could be reduced or lost if the plan is underfunded or if changes are made to the plan terms.
What else can I help you with?
Does a survivor retirement pension beneficiary lose benefit if he or she remarry?
In some cases, a survivor retirement pension beneficiary may lose their benefits if they remarry, particularly if the pension is based on the deceased spouse's earnings. It's important to check the specific pension plan's rules regarding remarrying to understand how it may affect the benefits.
Do you loose your widows pension if you live with someone?
In general, living with someone may affect your eligibility for a widow's pension, as it could be considered as cohabitation or a change in your financial circumstances. The rules regarding widow's pensions can vary by location and the specific terms of the pension plan. It is advisable to review the terms of your widow's pension and consult with a financial advisor or legal professional for personalized guidance.
Do you lose your widows pension if you remarry?
In some cases, a widow's pension may be affected if you remarry. Depending on the specific terms of the pension plan or government program, remarrying may result in the loss or reduction of the pension benefits. It's important to check the terms and conditions of the pension plan or consult with a financial advisor for guidance in your specific situation.
Is a military pension clawed back at 65 if you take cpp at age 60?
The Military Pension is clawed back at 65 whether or not you take CPP at any age or in fact even if you decide not to apply for CPP. It has to do with the amount of Military Pension contributions at the time when CPP was first brought about. In the wisdom of the political masters, it was felt that members could not afford to pay more pension per month on top of the CPP contributions. So expect to lose 25 to 30% of your current Military Pension at 65.
Do you lose your widow pension if you move in with partner?
In some cases, moving in with a new partner can affect your eligibility for a widow's pension, as it is typically based on your relationship status. It's important to check the specific rules and guidelines of the pension scheme you are enrolled in to understand how cohabitation may impact your benefits.
If I get fired can I lose my pension in the state of Ohio?
In Ohio, whether you lose your pension if you get fired depends on the specific pension plan and the circumstances of your termination. Generally, if you are vested in your pension plan, you retain your benefits even if you are fired. However, if your termination is due to misconduct or criminal activity, it could potentially impact your pension rights. It's advisable to review your specific plan details and consult with a legal expert for personalized guidance.
Will I lose MY pension if you remarry I am a widow?
I am a policemans widow will I loose my widows pension if i re marry
Do you lose your military pension when you collect social security?
no
If you retire and draw pension will you lose incapacity benefit?
yes
Can you lose your pension if you quite or fired?
I got fired due to drug addiction after 16 years, and they told me I lost my pension.
Does a survivor retirement pension beneficiary lose benefit if he or she remarry?
In some cases, a survivor retirement pension beneficiary may lose their benefits if they remarry, particularly if the pension is based on the deceased spouse's earnings. It's important to check the specific pension plan's rules regarding remarrying to understand how it may affect the benefits.
Do you loose your widows pension if you live with someone?
In general, living with someone may affect your eligibility for a widow's pension, as it could be considered as cohabitation or a change in your financial circumstances. The rules regarding widow's pensions can vary by location and the specific terms of the pension plan. It is advisable to review the terms of your widow's pension and consult with a financial advisor or legal professional for personalized guidance.
Will I lose my private pension if I remarry?
Generally, remarrying does not affect your private pension benefits. Your pension plan is typically based on your employment history and contributions, rather than your marital status. However, it’s important to review your specific pension plan details and consult with a financial advisor, as certain plans may have provisions regarding beneficiaries or spousal rights that could be relevant.
Do you receive your New York state pension if convicted of a felony offense?
Did the offense occur after retirement? Did it occur while you were employed? Did it occur as a result of your employment? (?????) There definitely ARE circumstances under which you COULD lose your pension rights but there is not enough info given in the question to answer it intelligently.
Do you loose your pension is sacked from BT?
If you are sacked from BT, the impact on your pension depends on various factors, including your age, length of service, and the specific terms of your pension scheme. Generally, if you have already accrued pension benefits, you may not lose them outright, but you could face penalties or reduced benefits if you are still within a certain service period or if your dismissal was for gross misconduct. It's advisable to review your pension plan details and consult with HR or a financial advisor for personalized guidance.
Will you pay taxes on your pension?
Yes could have to pay some income taxes on your pension income.
In UK law will I lose my NHS pension that I have paid into for 20 years if I declare myself bancrupt?
In the UK, declaring bankruptcy does not automatically result in the loss of your NHS pension. However, the pension may be subject to certain restrictions, and the pension's value could be considered in the bankruptcy proceedings, potentially affecting the amount available to creditors. It's advisable to consult a financial advisor or a solicitor who specializes in bankruptcy to understand the specific implications for your situation.
