I am a retiree from Macy's receiving monthly checks from my pension. Can anyone offer information what happens to this with the investor buy out of Macy's?
4 replies (most recent on top)
Your pension is secure. There’s federal protections in place so retirees aren’t left out in the cold when a company goes belly up.
It is a legitimate offer.
The pension plan should be a protected program and should be insured.
Thank you for your reply.....however, should this become a reality are our pension funds secure?
I certainly understand your concern but the offered price is not a legitimate offer.