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do you lose your pention if you are fired?

 
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  • Answered by:RobertJDFL
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Customer Question

do you lose your pention if you are fired?

 

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State/Country relating to question: Pennsylvania

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Submitted: 387 days and 4 hours ago.
Category: Employment Law
Value: $38
Status: CLOSED
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Expert:  RobertJDFL replied 387 days and 4 hours ago.

Thank you for your question. After reading my answer, if you require additional information, press "REPLY" and I will be happy to assist you further.


If your pension is held in a 401k, the employer cannot take any of these funds, though it may be possible for an employer to take back any contributions they may have made to the pension (such as in contribution matching program). Also, if you are vested, that money is protected, and cannot be taken, being vested is like having contractual rights.

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