Troubled telecom company Avaya Inc. has begun cutting off some pension benefits for retirees, a signal that these benefits may be on the chopping block in connection with its chapter 11 case. In a letter to retirees, which The Wall Street Journal reviewed, the communications company cited its recent chapter 11 filing to say that as of Feb. 1, it would stop paying so-called supplemental pension benefits to certain retirees until...

Source: Wall Street Journal February 22, 2017 12:56 UTC