Originally Posted by EWRflyr

Seriously that whole thing is awful.

NO minimum guarantee for a line holder?? Huh?

I hope you all fight this and especially hope you can work with the PBGC to not have your pensions dumped. At the very least there should be no reason why the pensions can't be "frozen" at current levels for the employees, especially the pilots who would take the biggest hit if they were terminated. Other airlines managed to freeze what they had without having them dumped. Of course many airlines also separated their pilot pensions from the other employees and froze or terminated only those. I'm cheering for the PBGC and the APA when it comes to your pensions. Pilots always seem to be the ones asked to give up the most.