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Law Educator, Esq.
Law Educator, Esq., Attorney
Category: Employment Law
Satisfied Customers: 118789
Experience:  20+ Years of Employment Law Experience
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Can A pension Fund make it mandatory to sign a release form

Customer Question

Can A pension Fund make it mandatory to sign a release form so they can use your Social Security number so they can audit your earnings or if you don't sign a release they are blackmailing you by stopping your monthly benefits is this legal ?
Submitted: 1 year ago.
Category: Employment Law
Expert:  Law Educator, Esq. replied 1 year ago.

Thank you for your question. I look forward to working with you to provide you the information you are seeking for educational purposes only.

Unfortunately, yes, they have a right to audit your earnings based on the terms of the pension plan description and any recipient under that plan has to cooperate or benefits can be delayed. It is legal because the plan description is your contract with the pension plan and you need to comply with their plan requirements. It is legal though and it is not about them putting anything into your Social Security (although they did if you were an employee as every employer pays an employer's share of SS by taxes they pay).