American Contributes $75M to Pension Plans

With the $138 million American contributed earlier this year, total contributions to the plans in 2005 have reached more than $200 million.

June 22, 2005

FORT WORTH, Texas (AP) -- American Airlines said Tuesday it has made a $75 million contribution to its defined benefit pension plans.

With the $138 million American contributed earlier this year, total contributions to the plans in 2005 have reached more than $200 million, the company said in a news release.

American, a unit of Fort Worth-based AMR Corp., has been working with employees and unions on pension-reform legislation.

A group of union officials and employees plan to rally on Capitol Hill in Washington D.C. Wednesday to support measures that make funding employee pensions more flexible and more affordable.