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17,000 Enron Pension Holders to Get Paid in Full Houston Chronicle September 14, 2004 Nearly 17,000 Enron pension plan holders will see their benefits paid, thanks to pressure from the federal government's Pension Benefit Guaranty Corporation. Enron agreed to use proceeds from the $4.45 billion sale of its pipeline business to place $321 million in an escrow account to fund the closeout of its pension plans. No new benefits will accrue for current employees, but retirees in four plans will receive the full amount originally expected. Previously Enron said it would only put about $200 million in the plan, but pension agency officials forced the issue during a bankruptcy court hearing last week where the company was seeking approval of the pipeline sale. Rather than see the closing of the sale delayed, Enron agreed to fully fund the pensions. Enron will now most likely arrange with an insurance company to take over the plans, which include the Enron Corp. Cash Balance Plan, Garden State Paper Pension Plan, Enron Financial Services Pension Plan and San Juan Gas Company Pension Plan. The method in which the pensioners receive their payments depends on the plans. They may receive a lump sum or over time as an annuity.

This was from 2004 so I don't know if it was ever carried to fruition. Most of the employees I know had most or much of their retirement in the company stock as they were encouraged to do so. That is one of the main reasons I do not invest heavily in my own company's stock.