Iraq bill includes airline pension provision
05-25-2007 | 10:39 AM
#1
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Iraq bill includes airline pension provision
I just read this in the New York Times.
"Then there are airlines like Continental and American, who won a last-minute battle with the White House over a plan that would allow them to together reduce the contributions to their pension plans by almost $2 billion over the next decade."
"The two companies, along with a few smaller airlines such as Alaska Air, will be given leeway to reduce contributions to their defined benefit pension plans by a combined total of $2 billion, according to the Pension Benefit Guaranty Corp."
http://www.nytimes.com/aponline/us/A...=1&oref=slogin
"Then there are airlines like Continental and American, who won a last-minute battle with the White House over a plan that would allow them to together reduce the contributions to their pension plans by almost $2 billion over the next decade."
"The two companies, along with a few smaller airlines such as Alaska Air, will be given leeway to reduce contributions to their defined benefit pension plans by a combined total of $2 billion, according to the Pension Benefit Guaranty Corp."
http://www.nytimes.com/aponline/us/A...=1&oref=slogin
05-25-2007 | 11:22 AM
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Joined: Aug 2006
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From: MD-11
I just read this in the New York Times.
"Then there are airlines like Continental and American, who won a last-minute battle with the White House over a plan that would allow them to together reduce the contributions to their pension plans by almost $2 billion over the next decade."
"The two companies, along with a few smaller airlines such as Alaska Air, will be given leeway to reduce contributions to their defined benefit pension plans by a combined total of $2 billion, according to the Pension Benefit Guaranty Corp."
http://www.nytimes.com/aponline/us/A...=1&oref=slogin
"Then there are airlines like Continental and American, who won a last-minute battle with the White House over a plan that would allow them to together reduce the contributions to their pension plans by almost $2 billion over the next decade."
"The two companies, along with a few smaller airlines such as Alaska Air, will be given leeway to reduce contributions to their defined benefit pension plans by a combined total of $2 billion, according to the Pension Benefit Guaranty Corp."
http://www.nytimes.com/aponline/us/A...=1&oref=slogin
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