Pension Buyout What Are Specifics Of GM Buyout?

What are specifics of GM Buyout? - pension buyout

You still receive a pension check for the purchase of GM or the need for social security and pension file?

My father-in-law was employed with GM for 26 years. You try to make an offer. If you make a purchase, but on a pension (retirement) or the GM is required to provide social security to receive pensions? In our opinion, would get $ 140k and nothing more ... non-medical, retirement, nothing. He paid a pension plan, but we are not sure if there is only one IRA or retirement plan business. I would be happy about anyone who is knowledgeable.