ESOP Dividend Distribution

[Guest kappel98]

I have been on permanent disability from my job since 1996, but still have an ESOP account with my employer valued at about $65,000.00. Despite many attempts I have been unable to receive an early distribution since disability is not considered retirement per the Summary Plan.

Recently i found out that i could receive the quarterly dividend as a cash payment rather than have it reinvested. This seems to be a change in policy since i last inquired about receiving some funds back in 2001.

My question is: Was the company under obligation to inform me of this change? And is it possible that i could receive retroactive payments dating back the last couple of years due to their non-disclosure?

Whoever can advise me, let me thank you now for taking the time. It's much appreciated.