Tag Archives: amr

NASCAR Expands Concussion Protocol to SCAT3

Posted on 17 February 2017 by Ken Zino

The move comes at a time when the Wall Street Journal is questioning the very survival of the National Football over its massive and ongoing concussion problem and scandal. Continue reading →

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PBGC Says American Airlines Workers Should Worry About Pensions and Medical Care – So Should Taxpayers

Posted on 30 January 2012 by Ken Zino

The Pension Benefit Guaranty Corporation has called out what it says is misleading statements to American Airlines employees by its management about their pension plans under a bankruptcy reorganization. “American Airlines is telling their workers and retirees not to worry, … Continue reading →

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American Airlines Files for Bankruptcy – Pensions Threatened?

Posted on 29 November 2011 by Ken Zino

American Airlines has four traditional pension plans that cover almost 130,000 participants. As of today, the plans collectively had only about $8.3 billion in assets to cover about $18.5 billion in benefits, according to the Pension Benefit Guaranty Corporation. If American Airlines were to end their plans, the agency would be responsible for paying about $17 billion in benefits; about $1 billion in benefits would be lost. Continue reading →

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