Avaya: How an $8 Billion Tech Buyout Went Wrong - Wall Street Journa...

12/21/16


Wall Street Journal

Avaya: How an $8 Billion Tech Buyout Went Wrong
Wall Street Journal
Companies that file for chapter 11 protection sometimes seek to terminate their pension plans, putting them in the hands of the Pension Benefit Guaranty Corp., the U.S. pension insurer. For plans terminated in 2016, the PBGC caps annual payouts at $60,136.

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