The start of May marks the beginning
of Older
Americans Month, a celebration of the contributions older Americans
make to society. Sponsored by the U.S. Administration on Aging, the theme of
this year’s Older Americans Month—“Unleash the Power of Age!”—highlights the
significant positive ways that older Americans influence their communities.
2013 happens to be the 50th anniversary of Older Americans Month and it’s the
20th anniversary of the U.S. Administration on Aging’s Pension Counseling and Information Program. To celebrate, the
Pension Rights Center will showcase the role that the pension counseling projects play in helping older Americans
unleash the power of age by posting case
studies of the ways the cousneling projects have successfully helped
their clients receive the retirement benefits they are entitled to.
Without pensions and retirement
savings plans to supplement Social Security, many older Americans would lack
the resources necessary to “unleash the power of age” at home and in their
communities. They would not be able to pay for important medications, basic
necessities, actively pursue their favorite hobbies, visit family and friends,
buy gifts for their grandchildren or afford those small indulgences that enrich
their lives. That’s what makes the work of the Pension Counseling and Information Program so important. Since
the program was started in 1993, it has recovered more than $175 million in
benefits for nearly 50,000 clients. The six pension counseling projects that
make up the program currently cover 30 states.
Many of the 14 million Americans who
are currently receiving income from pensions and other retirement plans have
encountered problems when trying to access their benefits. Whether the obstacle
they encounter deals with a miscalculation or denial of benefits, an unfair
recoupment of overpayments, or finding a pension plan that has been “lost” due
to the relocation, merger, or the name change of a former employer, the staff
of the pension counseling projects are available to help, free of charge.
To kick off Older Americans Month,
we are proud to share a video we have created about the pension counseling
program. Watch it below or on our YouTube
channel.
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