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On February 11, 2019, the Pension Benefit Guaranty Corporation took responsibility as trustee for Sears Holdings Corporation’s two defined benefit pension plans. PBGC and Sears Holdings agreed to end the plans as of January 31, 2019 . Together the two plans cover about 90,000 workers and retirees of Sears, Roebuck and Co. and Kmart Corporation.
You must have been hired before January 1, 2004 and worked in a location that participated in the Sears Pension Plan. Eligibility to retire and begin receiving benefits. To retire under the Pension (begin receiving benefits) you must be at least age 55 with at least 5 years of vesting service.
PBGC and Sears agreed, with bankruptcy court approval, to terminate the plans as of January 31, 2019. Whom should Sears Holdings participants contact with questions about their pension benefits? Customer Service is available Monday through Friday 8:00 a.m. to 6:00 p.m., Central Time, except New York Stock Exchange (NYSE) holidays.
1-800-953-5390 for questions about Sears Holdings pension benefits Customer Service is available Monday through Friday 8:00 a.m. to 6:00 p.m., Central Time, except New York Stock Exchange (NYSE) holidays