PBGC presses for disclosure of American Airlines' pension plan intentions
There are 1 comment on the Pensions & Investments story from Jan 14, 2012, titled PBGC presses for disclosure of American Airlines' pension plan intentions. In it, Pensions & Investments reports that:
The PBGC petitioned the U.S. Bankruptcy Court handling American Airlines parent AMR Corp.'s Chapter 11 bankruptcy case to force the company to produce financial documents and written statements regarding the fate of four defined benefit plans.
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#1 Jan 14, 2012
Well, my first guess is, knowing the management like I do, is they'll stop paying into the pension program as soon as humanly possible. Now, this does not count the management's pension plan, just the workers.
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