answersLogoWhite

0


Best Answer

The retirement plans and pensions are taken over by the PBGC, are fully funded and handled by them. Certain benefits like medical may be lost, but the $ are secure. Pension Benefit Guarantee Corp. PBGC

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do companies like GM have to honor pension if they file bankruptcy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What companies have file bankruptcy in 2008?

what companies did file a bankruptcy in 2005,2006 and 2007.


If you file chapter 7 bankruptcy what happens with your state pension plan?

Uneffected.


Did lenders first choice file bankruptcy?

no. mercury companies closed its doors.


List of company in the Philippines that file for bankruptcy?

The list of companies their file bankruptcy in the country of Philippines can be obtained from the business oversight office in Manila. The list is compiled each year.


Can you com-bind tax id numbers of different company's into one to file bankruptcy?

You cannot combine tax id numbers of different companies into one, to file bankruptcy.


Did mercury companies file bankruptcy?

Yes. In Colorado. Docket number 08-23125


You owe your sister money can you file bankruptcy on that loan?

If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.


Did Deltona Corporation file bankruptcy?

No they never did file for bankruptcy


How many year after you file bankruptcy can you file bankruptcy aging?

If you are talking about a Chapter 7 bankruptcy, It takes 7 to 9 years after you can file bankruptcy again.


Why did General Motors ford and Chrysler file for bankruptcy?

They did not file for bankruptcy.


Did ballenger construction harlingen Texas file for bankruptcy?

No, they did not file for bankruptcy.


Do both parties on a joint mortgage have to file bankruptcy on a joint mortgage?

No, both parties on a joint mortgage do not need to file bankruptcy. They can file a joint bankruptcy or a single bankruptcy.