It is a technical manual on installation and operation of a software. It is about 35 pages long with a very corporate look to it with a lot of edited images, screenshots and artwork.. Information was ...
This article on Yahoo has me baffled and Iâ€™m looking for some responses to help me figure it out.
Is this basically saying that a CEO of Merrill Lynch is walking away with a check for 10...
How can an employee lose their pension, when a company goes bankrupt?
Can a company do that even if the employees have a union? My brother-In-law has worked for a trucking company for nearly 10 years, and the company is going through bankruptcy, can they lose their pension. This does not seem fair. what are is your knowledge or advice?
The employee pension plan is part of the asset of the company. It is not protected from creditors. Just like your RRSP which is not protected from creditors if you declare bankruptcy. The Canadian Government is planning to do something about the employee pension. Hopefully it will be protected from bankruptcy proceeding in the future.