AMR wants to change retirees' health and life insurance benefits [Fort Worth Star-Telegram, Texas]

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By Andrea Ahles, Fort Worth Star-Telegram, Texas



McClatchy-Tribune Information Services


July 07--American Airlines' parent company, AMR Corp., wants to change its healthcare and life insurance benefits for its retirees unilaterally, the company said Friday.

In a filing, the Fort Worth-based company asked the bankruptcy court to allow it to change its retiree benefits as it tries to reduce its costs in bankruptcy. The company argues that it did not guarantee retiree health and life insurance benefits for life.

"The restructuring process is difficult for everyone affected, and we understand any changes to these benefits are concerning to our retirees," spokesman Bruce Hicks said. "It's important to remember, the changes we're proposing are very similar to those we propose to make for active employees when they retire and we are the last legacy carrier that has gone through this process."
http://insurancenewsnet.com/article.aspx?id=349397

[Downwinder]

1. Says a lot about personal responsibility.

Can students unilaterally modify the terms of their loans?

[TexasTowelie]

2. Hey, be careful there.

Were you being sarcastic with your header line?

I don't believe that corporations are people. I'm not ready to grant personhood to any corporation and the line about a corporation showing personal responsibility could be the slippery slope.

I definitely agree with your remarks.

[Downwinder]

3. They want personhood, fine; but,ethics and morals come with.

Otherwise don't expect them from others.