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U.S. Airways Pilots Fight Pension Plan Conversion

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NU Online News Service, Feb. 21, 12:49 p.m. – The Air Line Pilots Association International, Alexandria, Va., is fighting efforts by U.S. Airways Group Inc., Arlington, Va., to convert the company’s defined-benefit pension plan for pilots into a defined-contribution plan.

The pilots association is challenging U.S. Airways’ argument that it can terminate the defined-benefit plan without the pilots’ consent, then impose the use of a defined-contribution plan.

The association has told the bankruptcy court in Alexandria that is handling the case that the dispute must be resolved through the Railway Labor Act, which governs airline labor contracts, rather than through the bankruptcy court.