Why are AMR pension estimates so different?
Source
http://www.star-telegram.com/2012/02/06/3715843/why-are-amr-pension-estimates.html
Date
Media Outlet
Ft. Worth Star-Telegram
Former American Academy of Actuaries Pension Vice President Ethan Kra is quoted extensively. “There’s a fundamental difference in perspectives” between AMR’s valuation of its pension obligations and the estimate of the Pension Benefit Guaranty Corp (PBGC), Kra said. “The PBGC is using a very conservative rate,” he noted.
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