American Airlines says vested retirement plans are safe

American Airlines said employees whose pension plans are vested will not have their benefits reduced despite the bankruptcy filing by the carrier's parent company, AMR Corp. "All active, eligible employees of AMR will continue to accrue some form of retirement benefit going forward, regardless of whether the defined-benefit pension plans are terminated or frozen," said Jeff Brundage, senior vice president of human resources.

View Full Article in:

Wall Street Journal, The · Fort Worth Star-Telegram (Texas)

Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
Facility Maintenance Manager
American Airlines
Miami, FL
Airline Ticketing Product Specialist
Amadeus Revenue Integrity
Tucson, AZ
Senior Reliability Program Specialist
FedEx Express
Memphis, TN
Inflight Base Manager
Cape Air/Nantucket Airlines
Hyannis, MA
Analyst - Maintenance Warranty Administration
United Airlines
Chicago, IL