FlyerTalk Forums - View Single Post - United Airlines Ends Contributions to Employee Pension Plans
Old Jul 23, 2004 | 4:07 pm
  #10  
LDVFlyer
 
Join Date: May 2004
Location: Orange County, CA
Programs: Alaska FF
Posts: 302
Originally Posted by venk
Union rhetoric aside, there is not much more certainty of AA making its pension obligations any more than the explicit decision from UA (during the BK period). They were both so deeply in the hole for such a long time towards pension obligations that anyone still counting on it (regardless of their generation) was surely deluded.

Isn't there a federal pension guarantee that picks up the tab in such situations?
Read AA's latest quarterly report. They've met all their pension obligations for the year.

Only UA is in your words "deeply in the hole."
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