I used to work for a large corporation, and retired with a pension back in 1998. I thought that the pension would be enough to live on (it would be if I only had to support myself) but life has a way of playing cruel jokes on me, and I need to supplement it with a job until life straightens out again.
One thing that really strikes me as unfair is the fact that if and when I apply for some kind of loan/credit the company that I am dealing with refuses to accept my pension as income for the basis of accepting my application. I don’t understand that at all! My pension check is larger than my hubby’s paycheck, and the credit company only wants to deal with him and his paycheck because he has “earned income” and my pension is “unearned income” so they don’t want to deal with me at all! My pension is guaranteed for life, my hubby’s paycheck is only guaranteed until he quits, or is fired or laid off.
He can get a loan without my co-signing, I can’t get a loan unless he co-signs.
What is the logic behind that? I just don’t get it!