PPRuNe Forums - View Single Post - What's happening in CHC?
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Old 10th Aug 2016, 18:11
  #682 (permalink)  
minigundiplomat
 
Join Date: Dec 2007
Location: GMT
Age: 53
Posts: 2,071
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have the pension funds been raided aka BHS?

Absolutely not; someone just asked a question.....


Has anyone any idea what might happen to pensions to be provided by CHC and it's sister companies and to which we have contributed?

Especially in the case of a full default i.e. no recovery from Chapter 11.

Which someone answered....


Creditors legally have no access to pension pots. Should be no effect whatsoever.

I will add that CHC not recovering from Chap 11 (see above) is a fairly remote prospect.


Can we take our fingers off the 'people panicking about our pensions for no valid reason' button now?
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