Both my parents have passed, my Dad had a pention what happens, does it go back to the company
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Both my parents have passed, my Dad had a pention what happens, does it go back to the company
Both my parents have passed, my Dad had
a pention, does it go back to the
company. All his children are adults
Asked on February 23, 2016 under Estate Planning, Maryland
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 8 years ago | Contributor
Generally, the pension is no longer paid when the retired worker and his spouse have passed (some pensions in fact, do not go to the spouse if the worker passes first, but end when the worker passes away)--it is very rare for a pension to then go to surviving adult children. However, while very rare, it is not impossible--you need to check the terms of his pension (contact the company and/or pension administrator) to see if there anything coming to you. Most likely not, but it's worth a few phone calls, etc. to check.
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