Kmart employee pensions

I have a friend that has worked for Kmart for 30 plus years. He has been a manager for many of those years. With the closing of his store in March he is concerned about getting his retirement when the door closes. I know there are laws that favor the employee in these situations. Not sure if company claims bankruptcy if those laws apply. What are your thoughts on this and will they get their pension or not? Read more here >>>

thumbnail courtesy of early-retirement.org

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