JPMorgan Chase has refused to pay out an estimated $331-a-month pension to the widow of one of the bank’s former longtime employees — with the excuse that he failed to fill out the necessary paperwork before his untimely death, The Post has learned.
Melvyn Silverberg, who worked for a decade as a systems analyst at Chase Manhattan Bank until 1979, died unexpectedly at age 43 in 1988 from multiple organ failure. Chase Manhattan went on to merge with JPMorgan in 2000.
Elaine Silverberg, 73, told The Post she has been battling the Wall Street giant for more than 13 years to recover her late husband’s pension pot following her own retirement. She was just 37 at the time of Mel’s death, which left her to raise their three kids alone.