But one of LTD's most vocal critics said the district's outlook is dire given unfunded pension plan
liabilities and the cost to add the west Eugene EmX route.
Credit rating agency Moody's has upgraded British Airway's bonds to Baa3, citing the improvement in the company's operating performance in spite of volatile earnings, and the beginning of the company's plan to reduce its significant unfunded pension plan
It also provides added assurance to taxpayers that they won't be left responsible for paying pension promises by instituting a termination premium of $1,250 per participant if a plan sponsor terminates an unfunded pension plan
4 billion unfunded pension plan
and payments to IPPs for capacity availability over the next 25 years.
With that objective in mind, and having reached a preliminary agreement in principle with the Pension Benefit Guaranty Corporation (PBGC) for the settlement of the company's unfunded pension plan
liabilities, we filed a prospectus with the Securities and Exchange Commission on May 14, 1992, detailing the company's plan to restructure its debt through a Prepackaged Plan of Reorganization under Chapter 11.
May 15 /PRNewswire/ -- New Valley Corporation (NYSE: NVL) announced today that it has reached an agreement in principle on key terms with the Pension Benefit Guaranty Corporation (PBGC) for the settlement of its unfunded pension plan
In unfunded pension plans
, the sponsoring employer sets aside money for payment of benefits in the period the money is disbursed to the retiree.