Tag: Company stock|PBGC|Plan termination|Traditional (defined benefit) pensions
PBGC urges bankruptcy court to protect pensions for Harry & David employees
The Pension Benefit Guaranty Corporation (PBGC) recently announced that it has asked a bankruptcy court to continue the company’s defined benefit pension plan, siding with the employees and retirees of Harry & David Holdings Inc. The food and fruit gift basket company is currently in Chapter 11 bankruptcy and is attempting to terminate its underfunded […]
