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Questions and Answers for Participants in the Sears Holdings Corporation Pension Plans. General FAQs About PBGC. Summary Plan Descriptions. PBGC and Sears Reach an Agreement. PBGC to Pay Pension Benefits for Employees and Retirees at Sears and Kmart. PBGC Statement on Sears Bankruptcy Filing.
- Contact Us
PBGC Customer Contact Center hours are 8:00 a.m. to 7:00...
- Sears Questions and Answers Webpage
Until notified, non-payees should call the Sears Holdings...
- PBGC to Pay Pension Benefits
Sears pension plan participants with questions about their...
- Contact Us
Feb 11, 2019 · Until notified, non-payees should call the Sears Holdings Pension Service Center at 1-800-953-5390 for customer service needs. How will I know if I’m impacted and next steps? In November and December 2021, PBGC is sending trusteeship letters to Sears Holdings payees.
Sears pension plan participants with questions about their benefits should contact Sears Holdings Pension Service Center at 1-800-953-5390, Monday through Friday 8:00 a.m. to 6:00 p.m., Central Time. PBGC covers Sears’ two pension plans under its Single-Employer Insurance Program.
- Pension
- The Sears Holdings Savings Plans
- Retiree Medical
- Retiree Discount
How to Get a Pension Estimate 1. Visit https://searspension.ehr.com 2. Log in using your social security number and password.If you don’t know your password, select “Forgot your Password? 3. Click on the “My Retirement” 4. Under “Tools” select “Estimate My Pension” 5. Select “Create a Single Scenario” or “Compare Scenarios” 6. Select “Get Started” ...
Company Matching Contribution If you contribute to the Savings Plan during the quarter in which you terminate your employment from the Company, and you have met the eligibility requirements for the Company matching contribution, your account will be credited with the Company match based on your contributions. The Company match will be credited shor...
Sears Holdings (Kmart & Sears) Retiree Medical Eligibility To be eligible for retiree medical coverage, you must: 1. be at least age 50 at the time of your retirement; 2. complete at least 10 years of consecutive service at the time of your retirement (based on your most current service date); and 3. have been employed by a company or subsidiary th...
All associates who are retiree benefits eligible (retiree medical, discount) and retire in accordance with company policies are granted a retiree discount privilege when employment terminates. Upon retirement retiring associate/spousal discounts will convert automatically to a dollars-off discount. Retiring associates and their eligible spouses sho...
Your pension benefit is now being administered by the PBGC. You can contact PBGC at 1-800-400-7242 Monday through Friday from 8am-6pm Eastern Time. Click Here
As of December 1, 2016 the Pension Plan was split in to two separate pension plans. Sears Holdings Pension Plan 1 (“Plan 1”), which is the continuation of the Pension Plan and Sears Holdings Pension Plan 2 (“Plan 2”). All benefits, rights and features of the plan were preserved.
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Does Sears Holdings Corporation have a pension plan?
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When did PBGC & Sears Holdings end their pension plans?
May 2, 2019 · Update for Sears & Kmart pension plan participants - If you have questions about your pension benefits, please contact the Sears Holdings Pension Service Center at 1-800-953-5390. You may also visit www.pbgc.gov/sears for additional information.
