answersLogoWhite

0

To the best of my knowledge the pensions were not protected in the bankrupcty filing of the Bank of New England Corporation. Employees who participated in the retirement saving program (401K) had plans transferred to Fleet Financial Group. Bank of America then assumed those plans. There were several law suits filed following the bankruptcy and as recently as 2009 or so one settled and resulted in an additional payout to former employees of BNE. I would suggest further questions be directed to Bank of America.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

Who is the plan administrator of Banc One Corporation Pension Plans?

chase bank


Who does a former european-american bank employee call about their pension benefit?

A former European-American bank employee can typically call the bank's HR department or pension administrator to inquire about their pension benefits. They can also contact the pension plan provider directly if the bank's HR department is unable to assist.


Who to contact regarding Glendale Federal Bank pension benefits?

You should contact the HR department of Glendale Federal Bank, or the pension administrator responsible for managing the pension benefits. If you are unsure, check your pension documents for contact information or reach out to the bank's customer service for guidance.


How can I change bank for direct deposit for Clark pension?

To change your bank for direct deposit of your Clark pension, you'll typically need to complete a direct deposit authorization form provided by your pension administrator. This form usually requires your new bank account details, including the account number and routing number. Once filled out, submit the form according to the instructions given, either online or via mail. It's advisable to confirm the change with your pension administrator to ensure there are no interruptions in your payments.


Can an American open a bank account in England and have his pension paid into it?

You can open a bank account but whether you could have an overseas pension paid into it will depend on the regulations in your own country.


Does Bank of New England Corporation stock still egsist?

No. The Bank of New England Corporation was liquidated following its bankruptcy filing. Bank of America is the successor (following Fleet Financial Group). There is a small New Hampshire bank that now goes by the name Bank of New England.


CAN I CHANGE THE BANK ACCOUNT MY PENSION FUNDS ARE DEPOSITED IN?

Yes, you can change the bank account where your pension funds are deposited. Typically, you will need to contact your pension plan administrator or provider to request the change. They may require you to fill out a form and provide your new bank account details. Be sure to check for any specific procedures or requirements that may apply to your plan.


Who does a former Chemical Bank employee call about their pension benefit?

A former Chemical Bank employee should contact the bank's human resources department or the benefits administration office for assistance with their pension benefit. They may also need to reach out to the pension plan administrator or the company that manages the pension fund for specific inquiries. Additionally, checking any official documentation received upon retirement or termination could provide relevant contact information.


Who is the plan administrator for the unified retirement plan of bank of New England corporation?

New York Life Insurance Co. PO Box 423 Parsippany, NJ 07054-0423. Phone Number 1-800-695-0462


Where do you find your pension benefits from First Interstate Bank of Arizona?

To find your pension benefits from First Interstate Bank of Arizona, you should start by contacting their Human Resources department or the benefits administrator. They can provide you with details on how to access your pension account, including any online portals or necessary documentation. Additionally, you may find relevant information on the bank’s official website under the employee benefits section. If you are a former employee, reaching out directly to their pension plan provider may also be helpful.


How do you write a letter to bank manager for stopping the family pension?

how to write letter to bank to stop family pension


Why bank established as corporation in Philippines?

why bank are establish as corporation