* Companies with severely underfunded pension plans would have to make accelerated contributions, would be restricted in making deferred-compensation payouts to executives, and would be prohibited from making additional pension promises if they don't have the money to pay them upfront.
* Companies would face new rules for how they get credit for making larger-than-necessary pension contributions in good years.
* Companies will be encouraged to make enrollment in 401(k) tax-advantaged savings programs automatic to get more workers to save.
* People with 401(k) and IRA investments would get greater access to investment advice.
American and Continental face off against Delta and Northwest.
The Senate, in its last vote before adjourning for a four-week summer break, approved the 900-page bill that compels employers with defined-benefit pension plans to meet their funding obligations...
The 279-131 vote came only hours before the House was expected to begin a five-week summer break.
The legislation gives special repayment breaks to the airline industry.