Effect of Firm Bankruptcy on Retiree Benefits, with Applications to the Automotive and Coal Industries, September 22, 2014.

摘要

Benefits for retired employees are of particular interest to policy makers because of the growing number of retirees and forecasts indicating that some future retirees may not have the necessary financial resources to maintain their standards of living. Part of this congressional concern is what happens when bankrupt employers are unable to provide promised pension and health benefits to their retired employees.