Can the bank refuse to pay benefits after the sale?

My bank recently sold off a portion of itself including my branch and 5 other branches. They just told me that they won't be paying the 5% of salary contribution to our ESOP accounts because we won't be employed by the bank on Dec 31st, however we are working 3/4 of the year for them before the sale is complete. Can they refuse to pay this even though they are still contributing to the other employees accounts?

0 answers  |  asked Jun 4, 2019 6:42 PM [EST]  |  applies to Iowa

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