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The federal government is proposing legislation to protect an employee’s pension in the event their employer becomes insolvent. The purpose of the legislation is to ensure underfunded pension plans with insufficient assets have the means to ensure those pensions are given priority over large creditors’ executive bonus payouts during the insolvency process. Advocates of the […]
The post Is My Pension Secure If My Employer Goes Bankrupt? appeared first on Lecker & Associates.
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