The company is sending letters demanding the return of the money, and if those don’t work, it calls in a collection agency. (Photo: ALM)

AT&T made some mistakes in calculating pension benefits for some of its own workers.

But, as the Wall Street Journal reports, it didn’t attempt to correct its mistakes until years later, when those pension benefits had long since been paid and spent. So it’s turned 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.

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