What type of lawyer do I need to obtain my annuity from my union?
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What type of lawyer do I need to obtain my annuity from my union?
I’m a current union member in good standing. My problem is that I have came into some financial difficulties I wanted to take my annuity money to take care of my issues n am being told by my union that I cannot take the my out unless I have been unemployed for at least six months,I terminate work, or if I’m working out of my territory for six months. I don’t understand why that is.
Asked on February 22, 2012 under Employment Labor Law, New Jersey
Answers:
Archibald J Thomas / Law Offices of Archibald J. Thomas, III, P.A. - Employee Rights Lawyers
Answered 12 years ago | Contributor
You should look for a lawyer familiar with employee benefit plans. Generally speaking, the plan document governs your right to withdraw funds. If you want to know your rights, request a copy of the plan document and review it to determine when and under what circumstances you can withdraw the funds.
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