What happens to retirees pensions when a major company files chapter 11?
Posted: under Pensions.
Tags: Chapter 11, Lehman Bros, Medical Benefits, Pensions
B D asked:
With Lehman Bros. filing for chapter 11, what happens to retireee pensions and medical benefits? Will they just cease, will they be restructured, will they be untouched?
With Lehman Bros. filing for chapter 11, what happens to retireee pensions and medical benefits? Will they just cease, will they be restructured, will they be untouched?
Any info would be very helpful, Thank you.
Emelia
Comments (3)
Oct 18 2008