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A recent article in the New York Times indicates that a collapse and subsequent bailout of airline pensions may be in the future as United Airlines has stopped making pension contribjutions duiring its bankruptcy. Delta Airlines reported a quarterly loss of $2Billion and may seek to jetison its pension liability causing a cascade of such activity among airlines according to the NYT. <br /> <br />An interesting question is, given the history of railroads and airlines being governed by some of the same labor rules (NMB, etc) will a bailout of airline pensions resjult in airline pensions being included in an expanded Railroad Retirement? What positive and negative effects would this have on the RRB? <br /> <br />LC
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