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Help Wanted: Pensions and jobless benefits

Quick ReadA county bus worker is being terminated. If he takes retirement at 55, can he still seek unemployment benefits?

According to the U.S. Labor Department, pension benefit

Photo credit: iStock | According to the U.S. Labor Department, pension benefit payments can be suspended under certain circumstances.

Carrie Mason-Draffen

Newsday columnist Carrie Mason Draffen Carrie Mason-Draffen

Mason-Draffen, a business reporter, writes a column about workplace issues.

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DEAR CARRIE: My husband has been a county bus employee for 21 years. He recently received a letter stating that as of Dec. 31 he will be terminated. Since he turns 55 on Dec. 7, he has attended a retirement interview. They told him he should retire now because he would lose money by waiting until age 62. Unfortunately, we are not in a position for him to retire now, so he will have to get another...

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