Federal agency takes over pensions for United pilots
475978
The Pension Benefit Guaranty Corp. moved Thursday to assume responsibility for the pensions of United Airlines pilots, the Associated Press reported.
509348
Airlines and pilotsâ unions expect a review of a rule requiring pilots to retire at age 60, now that an international organization has raised the age to 65.
710744
WASHINGTON : Bankrupt United Airlines has agreed to appoint an independent party to manage its employee pension funds prior to September 15 in an agreement with the US Labor Department.
721568
ATLANTA -- Delta Air Lines' pilots union agreed yesterday to allow the struggling carrier to bring pilots out of retirement on a limited basis to deal with staff shortages that threaten to ground flights.
617377
United Airlines, trying to revamp its business after nearly two years in bankruptcy, has told its unions it must terminate and replace their pensions as part of its drive to cut costs by an additional $2 billion a year.
571365
United Airlines (UALAQ.OB: Quote, Profile, Research) , which is trying to save $725 million a year, has offered its pilots two ways to cut their salaries, the New York Times reported on Tuesday.
582323
United Airlines, struggling to reorganize after two years in bankruptcy protection, reached a tentative agreement with its pilots&#39; union on additional wage and benefit concessions, the union said yesterday.
82
CHICAGO - A federal bankruptcy judge has given United Airlines a 30-day "test period" to show it can cooperate with its unions on a restructuring plan, rejecting union calls to open the process up to rival proposals immediately because United has not tried hard enough to preserve employee pensions.    The hearing came a day after the release of court papers in which United warned it "likely" will have to terminate those pension funds in order to secure the loans it needs to emerge from Chapter 11 bankruptcy...
152553
CHICAGO - A federal bankruptcy judge approved United Airlines' amended financing plan Friday, rejecting union arguments that United didn't try hard enough to come up with an alternative that would continue company contributions to employee pension funds.    The hearing came a day after the release of court papers in which United warned it likely will have to terminate those pension funds in order to secure the loans it needs to emerge from Chapter 11 bankruptcy...
296664
U.S. airline pilots nearing mandatory retirement could fly five years longer than they planned under a plan announced on Tuesday by the Federal Aviation Administration.
212013
The Federal Aviation Administration hiring plan was designed as part of an effort to replace nearly three-quarters of the agency's workforce that will be eligible for retirement.
588954
United Airlines will have its pension scheme for pilots underwritten by the  US agency created to protect worker's retirement rights.
189479
The U.S. pension agency on Thursday  said it had filed a motion in court asking for permission to  take over the retirement plans of pilots at bankrupt United  Airlines, which are underfunded by $2.9 billion.
748496
United Airlines' workers are getting formal details on how the bankrupt company wants to replace their traditional pension with a 401(k)-style benefit plan &#151; plus further steep reductions in pay and other benefits.
194556
WASHINGTON  - The US agency that insures corporate pension funds said it had reluctantly agreed to assume responsibility for bankrupt United Airlines&#39; underfunded pilots&#39; pension plan.
685179
Pilots at US Airways on Thursday  ratified a concession package that includes pay cuts of 18  percent, a decrease in company contributions to their  retirement plan and increased productivity.
751977
U.S. pension insurers assumed  control of underfunded retirement plans covering more than  51,000 workers and retirees at bankrupt US Airways UAIRQ.OB,  a drastic money saving step the airline claimed was necessary  for it to survive, the government said on Wednesday.