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American Airlines Wants to Terminate All Four of Its Pension Plans
Star-Telegram.com Link to more items from this source
Feb. 2, 2012
If it does take over the plans, the PBGC will assume the responsibility for paying retirees' benefits -- but not necessarily all of them. The agency caps the monthly benefit it pays at $4,500 a month for plans ended in 2010. It has said about $1 billion in promised benefits to the highest-paid AMR retirees would not be paid.

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