i would like to know what happens when most retirees die off from a company that was bought out, where does th

Question

the original co. where and to whom do the left over funds go. and why aren't these funds offered to the current retirees prior to their dying off. ie MDC.

Answer 1

it all depends on the new management.its their discretion.

Answer 2

The funds typically are reinvested . Most pension plans are terribly underfunded if the market takes an unexpected swing.