• SheeEttin@lemmy.world
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    1 year ago

    If the pensions were at risk due to the company’s bankruptcy, something has gone very wrong. Generally, pension funds are protected under ERISA.

    • Buelldozer@lemmy.world
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      1 year ago

      Generally, pension funds are protected under ERISA.

      There’s a whole lot of Coal Miners who would argue that point.

      • Cosmic Cleric@lemmy.world
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        1 year ago

        Were they not covered because of a technicality (for example being a contractor versus an employee), or did ERISA just fail to make them whole as they should have?