DALLAS (AP) — American Airlines is trying to reassure employees that most of them will get full pensions even if the company terminates its retirement plans in bankruptcy.
In a letter to employees Monday, a top American official said more than 90 percent of those whose pension benefits have vested would get everything they are owed.
The letter from Jeff Brundage, senior vice president of American parent AMR Corp., suggested that most of those whose benefits could be reduced are pilots or upper management, who get higher salaries and pensions.
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