The Pension Specialists Data Breach Investigation
Published: February 23, 2025
Claim Form Deadline: Ongoing
Estimated Payout: Varies
Proof required: Yes
Did You Receive A Notice of Data Breach From The Pension Specialists?
The Pension Specialist is a third-party retirement plan administrator company. Their headquarters is located in Illinois and they support a wide variety of companies. On February 14, 2025, The Pension Specialist sent notice letters out to 71,443 people to inform them that their information was exposed in a data breach of the company's computer network. During the breach, which occurred in February of 2024, personal information possibly including protected health information was exposed, accessed or stolen.Who are The Pension Specialists?
The Pension Specialists, Ltd. is an independent retirement plan third-party administrator based in Machesney Park, Illinois. Founded in 1987 by Joel J. Radakovitz, the company has grown to service over 1,025 employer retirement plans, covering more than 30,000 plan participants with assets exceeding $500 million. Their clientele includes broker-dealers, investment firms, CPA firms, law firms, medical groups, hospitals, engineering firms, manufacturers, and retail businesses. The company deals in retirement plan design, implementation, and ongoing administration, aiming to provide clients with optimal retirement plan tax consulting and compliance solutions.I Was Affected by the Pension Specialists - What To Do
Data breaches are serious matters that can cause long term damage. Hackers break into networks so that they can steal your personal information to sell it on the dark web, commit identity theft, financial theft or other frauds.If you received a letter from The Pension Specialists notifying you that your personal information was impacted in their data breach, use the contact forms linked below to find out if you may be eligible for significant compensation!
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