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[C6.] United Union Sues Over Pensions One of United Airlines' labor unions sued company executives for halting contributions to the company's pension plans while the airline remains in bankruptcy.
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That, and earlier contributions, are allowing G.M. to halt contributions until 2013.
Some said they would halt contributions or subscriptions to the Met.
[C2.] UAL Pension Overseer to Be Named A legal overseer will be appointed to represent participants in United Airlines' pension plans now that the company has halted contributions, the Labor Department said.
While the markets have recovered some of their losses, further damage has come as many corporations and employees have cut or halted contributions to retirement plans because of declining earnings or losses.
Obama halted contributions from PACs and lobbyists in 2008 after winning the party's presidential nomination.
[C9.] BP to Halt Political Contributions As corporate leaders mull the lessons of the Enron debacle, BP said it would halt all political contributions from its coffers "anywhere in the world".
It also agreed to halt campaign contributions to public officials who oversee pension funds.
(Employees at a number of companies that have announced they will either reduce or halt their contributions to 401 k)'s have even further incentive).
United's lawyers acknowledged on Friday that the decision to halt pension contributions was made by management in early July and was not prompted by a request from the lenders.
The pilots' union said United could face "years of hostility and chaos" for halting its pension contributions unless the issue was resolved.
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