The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/genereally-pension-funds-are-still-considered-29187854.aspx

Subject:  Re: Lump Sum vs Pension Annuity Date:  3/22/2011  1:56 PM
Author:  ptheland Number:  68684 of 78168

Genereally, pension funds are still considered assets of the corporation, and can be lost in a BK,

I don't think that has been correct since ERISA was enacted back in the 1970s.

Since then, pension funds are typically held in a separate trust for the benefit of the employees earning pension benefits. Those funds are not normally available to creditors in a bankruptcy.

However, a lot of those pension