“Too many directors have closed decent final salary pensions for staff and replaced them with cheaper and riskier schemes”
Brendan Barber
“Overall, pension schemes are well governed and continue to succeed in delivering decent, cost-effective pensions to millions of people.”
Christine Farnish
“It's going to be hard to replace packages that were about $67 an hour when you added in pensions and health-care benefits.”
John Challenger
“Ratification of this replacement pension plan ends our yearlong fight in the courts, on Capitol Hill and at the bargaining table. Our persistence and solidarity more than doubled the company's original proposal to provide a foundation of retirement security upon which we will build when we share in our airline's success.”
Greg Davidowitch
“Ford would welcome the cash for liquidity purposes, to help provide for large unfunded pension liabilities and for research and development,”
David Healy
“There has not been a major airline which has gone through bankruptcy without terminating its pension plans.”
Douglas Elliott
“They would have a more secure retirement because we boosted their pension benefits and savings plans.”
Dan Beck
