I need help with something. My stepson has worked for the federal

[onecent]

government for around 20 years. His wife has been very sick for over 2 years and has not been able to work. They have had their house on the market for 6 to 7 months, but nothing is moving...so it looks like they are going to let it go and move to a rental.

Question: He's worried that he will lose his pension from the government if he lets his house go.

He tells me that he will lose his pension if he declares bankruptcy, but I find this hard to believe.

Anyone know where he can go to ask questions without raising eyebrows to his staff?

Thanks for help.. Didn't know this topic was here.

[scruffy]

1. I've never heard of that . . ..

but he should be able to find out . . . have him check with OPM and just ask in a roundabout way if there is anything at all that would disqualify him from getting his pension - including financial setbacks. OPM works up financial and retirement data for lots and lots of govt employees . .. they won't be surprised to hear his questions and he doesn't even have to give his name.

[FloridaPat]

2. Pensions aren't lost over bankruptcy. Possibility that the bank

may just take it over with his signature and he won't even have to go into bankruptcy. Even in bankruptcy, no pensions, IRA's or other retirement accounts are taken.