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Are retiree pensions protected in the event General Motors files for bankruptcy?

Bankruptcy event files motors pensions protected retiree
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Are retiree pensions protected in the event General Motors files for bankruptcy?

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Your GM pension is not 100% safe in a bankruptcy. The answer is more complex than can be mentioned here. However, in the event of a GM bankruptcy, there will certainly be legal representation for pension holders as a group to protect your interests. The Pension Benefit Guaranty Corporation also exists to protect pension holders in many cases.

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