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Antiwork

Brother worked 39 years/heir screwed out of his pension by union.

My younger brother (60M) worked 39 years for Roseburg Lumber, Coquille, OR and retired on May 1st. He met with the union retirement personnel early May to get his paperwork in and set up 5 yrs/Certain Life so his step daughter would get at least 5 years of his retirement payments (approx $84K), if he died before it was all paid out. His first payment was due June 1st, but he died in a car accident May 17th. Fidelity Investments, on advice from the Carpenter’s Union, said he was not “in pay”, so all pension funds were ineligible. They PAID him by direct deposit on 6/1/22, but immediately reversed the transaction and took the money back. Worked his entire life and they are screwing his daughter out of his payments.


My younger brother (60M) worked 39 years for Roseburg Lumber, Coquille, OR and retired on May 1st. He met with the union retirement personnel early May to get his paperwork in and set up 5 yrs/Certain Life so his step daughter would get at least 5 years of his retirement payments (approx $84K), if he died before it was all paid out. His first payment was due June 1st, but he died in a car accident May 17th. Fidelity Investments, on advice from the Carpenter’s Union, said he was not “in pay”, so all pension funds were ineligible. They PAID him by direct deposit on 6/1/22, but immediately reversed the transaction and took the money back. Worked his entire life and they are screwing his daughter out of his payments.

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