Unclaimed Retirement Benefits: Missing Pension Search

Pension plan administrators are often unable to locate lost employees or missing beneficiaries who have moved or changed name over the years, and companies owing unclaimed pension benefits may have moved, change name or merged, making them difficult to find.

Because many defined-benefit private pension plans are federally insured – even if a company dissolved or went bankrupt – it may be possible to receive unclaimed benefits. The Pension Benefit Guaranty Corporation (PBGC) is the federal agency responsible for the regulation of private pension plans. Currently over $300 million is available for claim.

PBGC is a federal corporation created under ERISA {Employee Retirement Income Security Act of 1974}. It currently guarantees payment of basic pension benefits earned by about 44 million American workers and retirees participating in over 35,000 private-sector defined benefit pension plans.

Participants in defined-contribution retirement plans – 401(k) plans – are protected when their employers fail or otherwise cease operations, because they individually own the assets in their accounts. For assistance with this type of pension go to: 401k Search. For assistance with a lost IRA, go to: Unclaimed IRA Search.

For assistance tracing and claiming a lost employee pension or other retirement benefit complete the form below.