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One News Page » Category » Money » Saturday, 7 November 2009 » Japan forces JAL pension cuts

Japan forces JAL pension cuts

Reported by Straits Times
on Saturday, 7 November 2009
(2 weeks ago)

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TOKYO - JAPAN'S government plans to introduce legislation early next year to forcibly cut pension payouts for Japan Airlines Corp retirees and make the cuts a condition for a state bailout of the troubled carrier, the Nikkei business daily said.

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