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Author: billjam Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76421  
Subject: Re: Another reason to save for retirement Date: 10/26/2013 8:27 AM
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If she knew the correct amount she had at least a moral obligation to point out the error.

OTOH, I have a relative who was given the wrong pension amount by his employer at the time he made the decision to accept their early retirement offer. The company discovered its error three years later. They didn't ask for repayment but were going to cut his pension to the correct amount. He hired a lawyer who argued my relative would not have retired early if they had told him his pension would be the lower amount. The lawyer said my relative should be given his job back and receive back pay for the three years, which would have been much more than his pension payments. The company eventually decided to drop the issue and my relative is still getting the higher pension he was orginally quoted.
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