A pension plan is supposed to keep you solvent when your physical body is unable to work. The idea is that you will work while you are young and healthy, contributing to your plan along the way, and then when you reach the golden age of 65 or so, you’ll be able to retire and live off the dividends of your pension for the rest of your living years. Sadly, many Americans end up losing some or all of their pensions before they have a chance to enjoy them. This means that you may have a lost pension check or several, and you won’t know unless you conduct a proper search. To claim your lost pension money, if it exists, visit the Cash Unclaimed database.
If you are currently living on a pension or if you have one currently building up until retirement day, you might want to conduct a search for any unclaimed pension funds. Every year money goes missing from regular Americans’ pension funds. This money, when it can’t be identified, is sent to the state or federal treasury where it is kept in a special vault until the rightful owner steps forward. To claim your unclaimed pension or just to search to satisfy your curiosity, you search for a first and last name on one of the largest lost money databases in the world, Cash Unclaimed.
Recently the State of Idaho has been running articles in local papers to inform citizens of the MILLIONS in unclaimed money being held by the state.
These articles are being done amidst pressure from unclaimed money advocates after 4 years of increasing unclaimed money funds in the hands of the state.
Don’t let the state keep your unclaimed money – search and see how much unclaimed money you are owed!
Pension is referred to as money that is paid by the employer to the employee after his retirement. When you are young, you will work earn salary which will be a source of income. Every person needs a source of income till his death for survival.
Pensions are such income sources for retired elderly persons. There are different types of pension plans. Each of them has different payment strategies and you have to choose the plan that best suit your needs. This decision is based on your lifestyle and needs.