US agency: AMR will seek to end worker pensions
Stocks fell on Tuesday as optimism over a possible deal by Greece in its debt wrangling dissipated after a batch of weaker-than-expected economic reports.
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#1 Jan 31, 2012
TerrIble the way American and United States business and corporations treats it's old people and refugees with tacit government approval I might add.
#2 Feb 1, 2012
I'm just amazed American didn't stop paying into the retirement plan the first day they filed Chap 11.
#3 Feb 5, 2012
The PBGC says that according to its preliminary estimates, it would be liable for a total of about $17 billion in benefits.
Taxpayers are on the hook for 17 billion dollars of pension guarantee benefits. Those expecting pensions in retirement would only get less than 50% of their expectations and contributions.
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