"UNITED AIRLINES PENSION PLAN WOES"

An event in the headlines today that will require human resource involvement is United Airline's decision to most likely terminate all of its employees pension plans due to bankruptcy and turn them over to the PBGC or Pension Benefit Guaranty Corporation. The PBGC is a federal agency that insures traditional pensions in case companies go "belly up". Basically what this amounts to is that United Airlines worker's retirement plans could be cut by up to 75 percent. The decision to end the pension plans by United Airlines is stated as "creating the biggest default in U.S. history and forcing a possible bailout" (The Christian Science Monitor, Alexandra Marks).

This issue is not exclusive to United Airlines workers but to any employee who works for a company suffering from financial troubles. If United goes through with ending the pension plans, it is feared that the other airlines currently suffering financial troubles will soon follow suit.......

Join Now to view the rest of this term paper!
Members: Login to view this research paper.

Title: United Airlines
Approximate Word Count: 723
Approximate Pages: 3 (250 words per double-spaced page)

With the Term Papers Lab Membership Pass, you get instant access to every term paper on this site, including the term paper on United Airlines, for as long as you remain a member! That's over 100,000 online term papers and written research papers at your fingertips!

You could be reading our college term papers on United Airlines in less than two minutes!

Other term papers sites charge almost $100 for a single term paper. At Term Papers Lab, you can get instant access to over 100,000 termpapers and sample research papers for as little as $29.95!

1. United Airlines
   

   United Airlines. ... Basically what this amounts to is that United Airlines worker's
   retirement plans could be cut by up to 75 percent. ... ...

2. United Airlines
   

   United Airlines. ... The United Airlines Chesterton Crash is believed to be the first
   proven case of air sabotage in commercial aviation history. ... ...

3. United Airlines Benchmarking
   

   United Airlines Benchmarking. United ... (United Airlines) Over the years United
   Airlines was faced with upset customers and employees. As ... ...

4. United Airlines Service Offering
   

   United Airlines Service Offering. ... United Airlines focused on developing a strategy
   that would increase profit with every schedule created. ... ...

5. Company Analysis Of United Airlines
   

   Company Analysis of United Airlines. ... United Airlines has been having financial
   trouble for years but they now seem to be on an upward swing. ... ...