Tag: 401(k) plans|Bankruptcy|Congress|Funding relief|PBGC|PBGC limits/ guarantees|Pension Rights Center|Plan termination|Traditional (defined benefit) pensions|Underfunding
American Air pension battle may spread
American Airlines wants to terminate the pensions of 130,000 workers as part of its bankruptcy proceeding. The move would be good for the company’s balance sheet, but would it be good for America?
