Labor & Economic News Blog
Friday, March 07, 2008
Delta: Pension plan safe under any merger
Delta: Pension plan safe under any mergerDelta Air Lines officials said Friday that neither it nor Northwest Airlines could terminate their pension plans under any merger. The Pension Benefit Guaranty Corp. said this week it wants to be included in talks between the two carriers to make sure pensions are protected. The federal government's pension insurer, a major Delta shareholder, wrote both carriers asking that it be included in talks.
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