LandAmerica pensions to be fully funded

Published May 15, 2009 at 3:08 a.m.
LandAmerica Financial Group Inc. and a federal agency that earlier this week moved to take over the bankrupt company’s pension program have agreed to a plan to ensure it is fully funded. The Pension Benefit Guaranty Corp. said in a statement tonight that LandAmerica had agreed to set aside money from the sale of subsidiaries to ensure the retirement plan is funded properly.


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