 PAPER CHASE NEWSBURST |  
|
| Serious law. Primary sources. Global perspective. |
Bankruptcy judge approves Delta termination of pilot pension plan Brett Murphy at 4:58 PM ET [JURIST] US Bankruptcy Judge Adlai Hardin [official profile] Tuesday approved [Delta press release] a request by Delta Airlines [corporate website] to end its pension plan for pilots. Delta reached a settlement with a group of retired pilots on Monday, agreeing to pay $500,000 for fees and expenses if the group ceased its opposition to Delta's proposal to terminate the plan. In order to officially end the pension plan, Delta must still report to the Pension Benefit Guaranty Corp. [official website]. Link | 
|
print |
subscribe |
 |
latest newscast |
 Facebook page
|
