AMR offers to freeze, not terminate, pensions

(Reuters) - AMR Corp, the bankrupt parent of American Airlines, on Wednesday proposed a plan to freeze pensions covering many of its workers, retreating from an earlier proposal to terminate them and leave them to government insurers, which could result in lower payouts.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/7svRuxwqS0w/us-amr-idUSTRE8261OE20120307

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