Aha. I remember that now, vaguely. I wasnt' following him when he did this stuff and it never sank in during the pres. campaign.
I think pension plans should be first in the bankruptcy distribution order, ahead of everything or something close to that. I don't know how employers get away with raiding the pension fund, or even underfunding it. it's almost outright theft.
When I was working, none of the places had a pension plan and I was okay with that so I wouldn't have to worry that they would steal it from me.