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Subject:  Re: PENSION - BANKRUPTCY Date:  4/10/2002  3:36 PM
Author:  jrr7 Number:  34147 of 96184

A pensions lawyer has been in here a few times trolling for clients; you might be able to find his website with a web search.

Note: I am not a lawyer, I am not working for him, I am not a client of his; I have no idea whether he is ethical, I have no idea whether he is competent.

Have you asked the PBGC itself? According to their website at, most workers will get their full pension, but the maximum payout is limited by law. If you were the CEO, you probably won't get your full pension from PBGC; if you were the janitor you'll probably get the whole thing.

Under federal pension law, the maximum pension guaranteed for workers in plans that terminate in 2002 is $3,579.55 a month (or $42,954.60 a year) for persons retiring at age 65. Maximum guarantees are adjusted for those who retire at ages younger or older than 65 or those who elect survivor benefits.
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