Aircraft Articles

Aero News

Hawker Beechcraft Dumping Two Underfunded Pension Plans

December 28, 2012

Programs Cover Non-Union Workers And Retirees In a filing made just a few minutes before midnight last Friday, Hawker Beechcraft dumped pension plans covering nearly 9,500 non-union workers and retirees that were severely underfunded. The move came as part of an agreement with the federal government's Pension Benefit Guaranty Corp (PBGC) and the planemaker's machinists' union.

Read entire article on Aero News
« Previous Article Next Article »

More From Aircraft Articles

  • Students From Rocket Contest Return For The Third White House Science Fair
  • Concorde Design Drawing To Be Offered At Auction
  • FAA Issues ATIS Report Of Possible MANPADS Threat To Aircraft In LA Area
  • Write a Story/Review about this topic

    Post a Comment

     

    Best of Luxury

    Finding the best in luxury can be a daunting task, which is why we've taken it on for you.
    View All Best of Luxury
    THINGS WE LIKE