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  1. FILE PHOTO: A dismantled sign sits leaning outside a Sears department store in Nanuet

    US agency seeks approval to take over Sears pensions

    A U.S. agency that insures worker pensions sought permission on Friday to take over two underfunded Sears Holdings Corp pension plans, after ...
  2. FILE PHOTO: A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York

    PBGC steps in to oversee Sears' two pension plans

    Pension Benefit Guaranty Corp (PBGC) is taking steps to assume responsibility for bankrupt retailer Sears Holdings Corp's two pension plans, ...