FlyerTalk Forums - View Single Post - US House Votes to Deny UA Ability to Transfer Pension to PBGC.
Old Jun 25, 2005 | 2:27 am
  #21  
tom911
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Join Date: Jun 2000
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(AA spokeman) Ris and the American employees are asking Congress to pass legislation that would give the company 10 years to fund its pensions by 90 percent and 15 years to fully fund the plans. They support a bill introduced by Rep. John Boehner, R-Ohio, with modifications. As it stands, the bill would give the airline only seven years to fund its plans.
Seattle Times link

Couldn't UA benefit from this and maybe save those pensions, if they could be rolled in?
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