If Macy's should go belly-up what effect does that have on existing May Co/Macy's pensions?
Are they fully funded?
3 replies (most recent on top)
Yes, our pension is in a trust, nearly 100% funded. I just took mine,as a lump sum, 6 weeks ago.....rolled into my IRA. Thankful and grateful........
Yes, pension is safe. It is in a protected annuity. I called several weeks ago on this.
Your pension is safe. It is not owned or managed by Macy's.