Friday, September 17, 2010

Teamsters Applaud Major Win for Labor, Airline Employees, Taxpayers

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. 4677 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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