The company issending letters demanding the return of the money, and ifthose don't work, it calls in a collection agency. (Photo:ALM)
AT&T made some mistakes in calculating pension benefits for some of its ownworkers.
But, as the Wall Street Journal reports, it didn't attemptto correct its mistakes until years later, whenthose pension benefits had long since been paid and spent. So it'sturned loose the dogs of collection on its own retirees.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
