Sears Holdings Corp. (fka SHLDQ)

[enthalpy]

most bankruptcies the pensions are wiped out especially if the company forced the employees to buy its stock at much higher prices under the it's an employee benefit program. Alot of pension plans are supposed to be independently owned and operated separately from the company.

If the company is ripped apart and disolved the pension plan is done for and wont matter because there will be no company to make up the short fall.

The pension plan is probably going to be wiped out in some form regardless of what options are pursued.