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
An account in an account in an account in an account in the lehman pension benefit guarantee corp however depending upon how fully funded the money.
Comment by Steve D — October 21, 2008 @ 8:06 am
The company if the company if the pension funds should be under control of the pension plans are fully funded then its nonissue the pension administrator not the pension plans are fully funded then its nonissue the.
Comment by Doctor Deth — October 22, 2008 @ 4:26 am
They are safe if the retirement is something not controlled by the company, like a 401K, unless it is invested too heavily in company stock.
Comment by don1862 — October 25, 2008 @ 12:32 am