What happens to retirment pensions and medical if GM files bankruptcy?

Posted: under Pensions.
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Pensions
Mike B asked:


My mother is collecting my fathers pension and medical benefits my father earned while working for and retireing from General Motors. IF the fold, file bankrupcy or are sold will she loose everything? Is there any way to secure these benefits agaist GM’s miss managment?

Diego

Comments (1) Feb 15 2008