Sears Retirees’ Life Insurance Payouts Could Be Just $135 Each
—Workers who retired after years of folding shirts and selling refrigerators for Sears Holdings Corp. banded together earlier this year to complain when the retailer’ s bankrupt shell terminated their life insurance plan. Now the Sears estate has responded with a proposal that would pay them about $135 each. Sears filed for court protection last year and sold…
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