Sears Holdings Pension Plans

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. PBGC offers the following information to Sears Holdings participants.