DALLAS (AP) — The federal pension-insurance agency accuses American Airlines of misleading employees about the safety of their retirement benefits.
The agency said Thursday that 13,000 current or retired American Airlines employees could see pensions reduced if the company terminates its retirement plans as part of a bankruptcy reorganization.
"American Airlines is telling their workers and retirees not to worry, but they should," said J. Jioni Palmer, spokesman for the Pension Benefit Guaranty Corp.
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