Yellow, which received a pandemic loan, is winding down operations ahead of an expected bankruptcy filing. The closure of the company would mean the loss of about 30,000 jobs.
  • Buelldozer@lemmy.world
    27·
    1 年前

    Generally, pension funds are protected under ERISA.

    There’s a whole lot of Coal Miners who would argue that point.

    • Cosmic Cleric@lemmy.world
      51·
      1 年前

      Were they not covered because of a technicality (for example being a contractor versus an employee), or did ERISA just fail to make them whole as they should have?