Close Menu
Cryprovideos
    What's Hot

    What occurs if Ethereum’s $3.9 billion ETF surge retains rolling in This fall

    September 2, 2025

    FTX Token (FTT) Struggles Close to $0.79 as Technical Indicators Flash Warning Indicators

    September 2, 2025

    Ethereum Scores Milestone As Chinese language Agency Floats 1st Public RWA Bond

    September 2, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Markets»JPMorgan Chase Denies $53,000 Pension Payout, Widow Says Financial institution Handled Her Like 'Insignificant Cockroach To Be Stepped On': Report – The Day by day Hodl
    JPMorgan Chase Denies ,000 Pension Payout, Widow Says Financial institution Handled Her Like 'Insignificant Cockroach To Be Stepped On': Report – The Day by day Hodl
    Markets

    JPMorgan Chase Denies $53,000 Pension Payout, Widow Says Financial institution Handled Her Like 'Insignificant Cockroach To Be Stepped On': Report – The Day by day Hodl

    By Henry KanapiNovember 9, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    JPMorgan Chase is refusing to pay a month-to-month pension to a widow whose husband labored on the financial institution for 10 years earlier than his premature dying.

    Elaine Silverberg’s departed partner Melvyn labored as a methods analyst at Chase Manhattan Financial institution from 1969 to 1979, experiences the New York Submit.

    Melvyn died in 1988 because of a number of organ failure and since then, Elaine has been in a standoff with JPMorgan Chase.

    The financial institution has refused to disburse an estimated $53,000 pension collected by Melvyn for greater than three a long time. A letter from the Social Safety Administration seen by the New York Submit signifies that Melvyn’s untouched pension account may give Elaine an additional $331 per 30 days.

    Elaine says she feels just like the financial institution has squished her like a bug.

    “If Jamie Dimon have been conscious of this, he would want to do the proper factor and honor the pension.

    Nothing is stopping them from doing so. You’d suppose the financial institution would wish to do the proper factor. They’ve handled me like an insignificant cockroach simply to be stepped on.”

    The lending large says that whereas Melvyn is entitled to a vested retirement bundle previous to his departure from the financial institution, he did not fill out paperwork that will have declared Elaine because the beneficiary of the pension after his passing.

    About 40 years in the past, Ronald Raegan’s administration handed the Retirement Fairness Act of 1984, which requires certified pension plans to supply automated survivor advantages. However as a result of Melvyn left the financial institution earlier than the legislation was handed, JPMorgan argues that his failure to fill out a type means Elaine isn’t entitled to something.

    Says a JPMorgan spokesperson,

    “Whereas we sympathize with Mrs. Silverberg, she is asking us to pay with out crucial documentation. We comply with the phrases of our pension plan that will not allow particular person exceptions.”

    JPMorgan merged with Chase Manhattan Financial institution in 2000. Final quarter, the financial institution recorded $12.9 billion in web earnings.

    Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox

    Test Value Motion

    Observe us on X, Fb and Telegram

    Surf The Day by day Hodl Combine

    &nbsp

    Disclaimer: Opinions expressed at The Day by day Hodl usually are not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses you could incur are your accountability. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please word that The Day by day Hodl participates in online marketing.

    Generated Picture: Midjourney





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    FTX Token (FTT) Struggles Close to $0.79 as Technical Indicators Flash Warning Indicators

    September 2, 2025

    SOMI Lands on Bybit Token Splash With Prizes Galore | UseTheBitcoin

    September 2, 2025

    BNB Whale Drained of $27M in DPRK-Linked Phishing Assault – Decrypt

    September 2, 2025

    FY Vitality Launches Future-Proof Blockchain Inexperienced Vitality Mining Contracts, Bringing Every Traders into the Day by day Passive Revenue

    September 2, 2025
    Latest Posts

    Technique Buys 4,408 Bitcoin for $450M, Holdings Close to $70B – Bitbo

    September 2, 2025

    Bitcoin Mirrors Historic Pullback Ranges – Wholesome Correction Or Hassle Forward?

    September 2, 2025

    Unlocking Bitcoin’s worth – Will the BTCFi narrative push Stacks (STX) to $20?

    September 2, 2025

    Public Corporations Now Maintain $108B in Bitcoin as Adoption Surges

    September 2, 2025

    Bitcoin is Again Above $110,000 as ETF Inflows and Custody Progress Gas Features

    September 2, 2025

    3 ETH Tokens to Maintain as a Bitcoin Whale Awakens After 7 Years and Strikes $270M into Ethereum

    September 2, 2025

    No Fireworks, Simply Grind: Bitcoin Might Drift To $1M Over 7 Years: Analyst

    September 2, 2025

    US leads $2.48 billion crypto influx as Ethereum outshines Bitcoin in August

    September 2, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Finest Crypto to Purchase Now: AurealOne and Snorter Token Are Set for 100x Positive factors – Don’t Miss These Secret Wealth Multipliers!!

    July 31, 2025

    Bitcoin Hyper Layer 2 ICO Soars Previous $11.8M – Subsequent 100x Crypto?

    August 24, 2025

    'A superb day for DeFi' — Cody Carbone on DC's speedy crypto coverage shift

    March 14, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.