Wednesday, June 6, 2007

U.S. senators seek data from airlines on pensions

(Reuters) - Subtle changes to last year's pension law overhaul are
aimed at reducing cash contributions American, Continental and
a handful of smaller airlines would be required to make to
their employee pension funds over time. The break is estimated
at roughly $2 billion.




"These two airlines flew around the Finance Committee to
get this pension provision in the spending bill, but we will
review in the light of day exactly what deal they got," Baucus
and Grassley said in a statement.


Read more at Reuters.com Government Filings News

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