Minnesota | Financial_and_Insurance
Pension Benefit Verification Service
Saint Paul, MN, 55116
Contact Person: Cherlyn
The Pension Benefit Verification Service provides audits of individual participant pension plan benefit calculations throughout the U.S. According to the Pension Benefit Guaranty Corporation (PBGC), ...tens of thousands of pension plan participants are being underpaid... . An error of $100 in your monthly pension benefit means a loss of thousands of dollars over your lifetime. Your calculation will be methodically reviewed by a Pension Actuary with at least 10 years of direct pension plan experience and qualifications with the Society of Actuaries and the American Academy of Actuaries, and certified by the Joint Board for the Enrollment of Actuaries (U.S. Treasury) to perform pension plan services. Pension plans are complex, with laws and regulations spanning over 40 years. With the shift to 401(k) plans, retirement plan sponsors often are not staffed with the expertise to effectively administer the plan. Often while performing a pension calculation, the plan administrator is confronted with some unusual aspect where a decision needs to be made, and often the least costly (lower) benefit is decided upon, at your expense. We are a completely independent, fee-for-service organization. We do not provide legal services, but can refer you as a part of our service. Have your pension benefit reviewed today!
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