Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Good News For AA/CO: Pensions  
User currently offlineCommavia From United States of America, joined Apr 2005, 13500 posts, RR: 62
Posted (10 years 7 months 4 weeks 15 hours ago) and read 4064 times:

Looks like American and Continental are happy with the new compromise on the pension bill now working its way through the U.S. Senate, that could get to a full floor vote by this week's end.

The previous bill, which was placed on a procedural "hold" by Texas Senator John Cornyn, would have given Delta and Northwest a competitive advantage by giving them 14 years to catch up on pension underfunding, but would have forced American and Continental -- both of whom have been faithfully paying into their pension plans -- to freeze their current plans in order to get the 14-year plan. American and Continental were obviously not happy with this provision, as both have made it clear that they would like to keep their employees' current plans, rather than having to freeze or dump them.


Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Some Good News For CLE And CO? posted Fri Mar 24 2006 16:16:38 by CLE757
AA Cancelling EWR-SJU ...good News For B6! posted Tue Nov 8 2005 04:29:13 by Werdywerd
Good News For NWA Strikers posted Wed Sep 13 2006 21:50:39 by Charlienorth
Finally A Bit Of Good News For PIT posted Mon Mar 6 2006 18:28:31 by Apodino
Good News For Midwest posted Sat Jan 7 2006 00:57:59 by N917ME
Good News For SFO And Aviation Security. posted Tue Aug 30 2005 09:03:51 by DeltaA380
Good News For Heathrow Spotters! (For Once) posted Mon Aug 29 2005 17:40:50 by Viscount630
Good News For Irish Aviation posted Wed Jul 6 2005 06:20:21 by Kaitak
Major VS Expansion - Good News For UK Pilots! posted Mon Jun 27 2005 22:02:53 by Tittlemouse
Good News For 747 And 747 Advanced posted Wed Jun 22 2005 00:05:03 by CM767