One thing left put of this "draconian" pay cut scenario is the fact that we now get profit sharing while we didn't with C2k. My highest earning year 2004, I made $235,556. In 2005 it was $198,863. 2007 was $366,264, which included the silos and note but also the 401k fillup. 2008-$207365. 2009-$199,141. 2010 $224,374. 2012-$226,078. 2013-$299,524. YTD as of 7/31/2014-$198372. Hardly draconian pay cuts. I also received over 4000 shares of DAL stock post merger which are now worth over $145,000. The PBGC annuity I am going to receive at age 65 is going to be over $6400 per month, which is more than my frozen DB annuity of about $5500 per month. Sorry but I don't feel like I've been screwed since I also have well ober $1M in retirement savings helped by the 415c fillup.