The U.S. Administration on Aging has established a grant program to provide pension counseling projects across the United States, because it can be difficult for individuals to understand complex pension plans and laws.
One of those projects, The South Central Pension Rights Project (SCPRP), assists people in Missouri, as well as other states, with their retirement issues.
Since it began in October 2008, SCPRP has recovered more than $2.5 million in benefits and has assisted more than 300 individuals with their retirement benefit questions. There is never a charge to clients, and they are assisted regardless of age, income or the value of the pension involved.
The current economic climate means that there are more people than ever in need of help with their retirement benefits. SCPRP answers questions about complicated pension issues, locates and explains retirement plan documents that might be difficult to find, corrects pension miscalculations, tracks down benefits from past employers and provides referrals to retirement benefit professionals, such as attorneys and actuaries, as needed.
SCPRP can assist with retirement income plans offered by either private or government employers and can help clients make more informed decisions by making sure they understand and can exercise their legal rights to their retirement benefits.
Although it is headquartered in Texas, SCPRP provides service for Missouri. Their staff will be available by phone or in person if needed to assist retirees with problems related to pensions to which they are entitled. This is another example of how Young At Heart partners with entities who are experts in other areas to bring information and resources to clients.
Contact SCPRP for assistance at 800-443-2528 or visit www.southcentralpension.org for more information.