|
|
|
|
|
|
by Gibbon1
2702 days ago
|
|
|
In the US we have the Pension Benefit Guaranty Corporation. It's responsible for paying out pensions of companies that go bankrupt. This I think was the outcome of Studebaker terminating it's pension plan in 1963. One change I'd like to see is if a company goes bankrupt the pension fund is ahead of the rest of the creditors. Also underfunded pensions should be considered a liability on the books. |
|
|