Blogging Employee Benefits

January 13, 2006

NWA Pilots Agree to Pension Freeze

Filed under: Pensions — Fuguerre @ 3:49 pm

Northwest Airlines pilots have approved the freezing of the NWA Pilots Defined Benefit Pension Plan, effective January 31, 2006. An interim 5% allocation under a defined contribution plan will replace the frozen benefit accruals, together with terms for a new long-term disability program and a new family member benefit program. [MEC Hotline (1/12/06)]

Advertisements

1 Comment »

  1. AP reports today that the bankruptcy court has approved this pension plan freeze.

    Comment by Fuguerre — January 31, 2006 @ 12:52 pm


RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog at WordPress.com.

%d bloggers like this: