Tag: Bankruptcy|Benefit calculation|Contribution limits|ERISA|Future retirement security|PBGC|PBGC limits/ guarantees|Pension freeze
[UPDATED] American Airlines’ bankruptcy – what does it mean for its pensions?
No doubt you’ve heard that American Airlines has filed for bankruptcy. The airline has four underfunded pension plans, and their fate is the source of much speculation. Despite meetings the company has held with employees to discuss their pensions, workers remain concerned. Will the company terminate the plans and dump their liabilities onto the Pension […]