Are the retirement plans insured in the USA? Or the clients of the pension funds can lose their pensions completely in case the pension funds are going bankrupt?
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1$\begingroup$ Please consider rummaging through your old questions and accepting some answers. $\endgroup$ – Giskard Mar 31 '19 at 8:29
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1$\begingroup$ @Giskard - Thanks for reminding me, I will do that ASAP. $\endgroup$ – Joe Jobs Mar 31 '19 at 19:03
The Pension Benefit Guaranty Corporation is the government entity responsible for insuring private sector pensions against the event that a corporation cannot pay their obligations.