Teamsters Applaud Major Win for Labor, Airline Employees, Taxpayers

Summary

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Language Will Prohibit Airlines from Breaking Contracts, Dumping Pensions on PBGC and Taxpayers

WASHINGTON, Sept. 17 /PRNewswire-USNewswire/ -- In a major victory for organized labor, airline employees and American taxpayers, the House Subcommittee on Commercial and Administrative Law has adopted language of an amendment into H.R. 4766 that will preclude U.S. airlines that are in bankruptcy from abrogating labor agreements and dumping pensions onto the Pension Benefit and Guarantee Corporation (PBGC) and ultimately the U.S. taxpayers.

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Teamsters Applaud Major Win for Labor, Airline Employees, Taxpayers

(Logo: http://photos.prnewswire.com/prnh/20100127/IBTLOGO)

(Logo: http://www.newscom.com/cgi-bin/prnh/20100127/IBTLOGO)

The amendment, offered by Congressman Dan Maffei (...

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