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Citigroup Pension Plan Informational Notice

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infoseeker82458

Junior Member
What is the name of your state (only U.S. law)? Texas/Michigan
August 2008, I was laid off by Citigroup, Irving, Texas. As a part of my involuntary termination, I received a paid out from the Pension Plan. I am now a resident of Michigan. Last month, I received a letter from Citi stating they overpaid me through “no fault of your own” and required repayment of over $500.00 plus interest.
Is there any legal basis I could use to refuse to repay the principal amount? (I understand I’m not legally required to repay the interest.)
Does this repayment request fall under "miscalculation by administrative staff?" If so, does the company have to prove it was an honest mistake? Could Citigroup have benefited from this overpayment?
Is there any basis for a class action suit, for example, payment for costs incurred for refilling taxes, compensation for tax penalties incurred due to overpayment?
 



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