Retirement Benefits in Bankruptcy

July 13, 2012 at 2:10 pm Leave a comment

Perhaps you have a former employer that went out of business.  Information for participants about employee benefits is located on the DOL web site.  The EBSA has created a resource for such situations at http://www.dol.gov/ebsa/newsroom/fsbankruptcy.html.   The site addresses other benefits, but it does discuss how participants become fully vested when a retirement plan is terminated.  It also touches on PBGC insured benefits for those applicable plans.

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Christine Gurney

A pension professional who shares her thoughts and ideas about the pension world for industry members and anyone else interested.

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