(Robert Gauthier / Los Angeles Times)
California is overhauling the nation's only pension plan for retired boxers following a Times investigation that found the safety net for vulnerable fighters is failing its most critical mission - informing those owed benefits.The California State Athletic Commission, which administers the little-known 40-year-old pension plan, said it will begin sending annual statements to all vested boxers beginning early next year and that it has brought in state investigators to search for fighters with unclaimed money - some of whom have been owed for decades.
California is overhauling the nation's only pension plan for retired boxers following a Times investigation that found the safety net for vulnerable fighters is failing its most critical mission - informing those owed benefits.The California State Athletic Commission, which administers the little-known 40-year-old pension plan, said it will begin sending annual statements to all vested boxers beginning early next year and that it has brought in state investigators to search for fighters with unclaimed money - some of whom have been owed for decades.
#people #back #years #information #immediately #investigation #san-francisco #automatically #vast-majority #regulations
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