Pensions hijacked: Bankruptcy scam rips off 119,000 United workers (tags)
CHICAGO — “You might see me coming down the aisle 20 years from now with my walker,” said flight attendant Melissa Madden. Faced with the slashing of their pensions to the tune of $6.6 billion, she and other United Airlines flight attendants here warn that if United gets away with using bankruptcy to dump its pension obligations, the nation’s entire defined-benefit pension system — and the futures of the 44 million workers it covers — could come tumbling down. Retirement for American workers could become a thing of the past.
9/6KPFA Labor Day Radio Programming (tags)
KPFA Labor Collective will be producing labor radio programming from 10:00 AM To 3:00 PM PST. You can listen to it on the web at www.kpfa.org