edemay1022
Junior Member
What is the name of your state (only U.S. law)? Illinois
In 2008 I was laid off of the company I worked for in Chicago, IL. As a part of my severance, I was vested and paid out a Pension Plan that was part of my benefits package. I recently got a letter in the mail from this company stating they gave me too much money and asking me to pay back the overstated amount plus interest. Can they legally collect on this in that this was their error, it has been rolled over into a Rollover IRA, and they are charging me interest for this?? Is there anything I can do about this as I do not have the funds (nor want to) pay money back for an error the company committed a few years ago (FYI its only a couple hundred dollars if that is of any relevance).
In 2008 I was laid off of the company I worked for in Chicago, IL. As a part of my severance, I was vested and paid out a Pension Plan that was part of my benefits package. I recently got a letter in the mail from this company stating they gave me too much money and asking me to pay back the overstated amount plus interest. Can they legally collect on this in that this was their error, it has been rolled over into a Rollover IRA, and they are charging me interest for this?? Is there anything I can do about this as I do not have the funds (nor want to) pay money back for an error the company committed a few years ago (FYI its only a couple hundred dollars if that is of any relevance).