Old 11-30-2012 | 06:48 AM
  #6  
Night Hawk 6
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Didn't APA already agree to a freeze of the plan instead of a termination? Also the "A" scale pilots were guaranteed that their retirement would never be touched in exchange for their sell out on "B" scale and the remaining "A" scale pilots have "lawyered up" to fight the company. As the loss of the lump has been a foregone conclusion. The big question for the most senior pilots that remain is exactly how much will they lose as the assets of the "B" fund are distributed and exactly when and how this will take place. What is said is not necessarily what will happen. Some of the most senior pilots have in excess of 1.5 million in the fund. Hope it works out for them.
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