The U.S. Department of Labor reached an agreement Monday to set aside $356 million from the sale of Enron's assets to cover some of the bankrupt energy company's retirement and pension plan benefits.

"This agreement makes possible a significant recovery for Enron retirees and their families," Secretary of Labor Elaine L. Chao said in a statement. "Corporate malfeasance will not be tolerated and every effort will be made to protect workers who are harmed by it."

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