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Westinghouse DB Plan Short $937 Million If Terminated, PBGC Says
Pensions & Investments 
Sept. 27, 2017 "[Westinghouse] could wind up having to put $937.4 million into its defined benefit plan if the bidder for the bankrupt company declines to assume the plan ... Westinghouse filed for Chapter 11 bankruptcy on March 29 ... On Aug. 29, PBGC filed a claim for the amount it calculated would be due if the pension plan were terminated and transferred to the PBGC." MORE >> |
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