US - Airline unions have voiced strong concerns that a proposed Delta/Northwest Airlines merger will put at stake employees' pensions and threaten the solvency of the Pension Benefit Guaranty Corporation (PBGC).
At last week's hearing before the House Health, Employment, Labor and Pensions Subcommittee, Robert Roach, general vice president, International Association of Machinists and Aerospace Workers, sai...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date