Originally Posted by Herkflyr

First, how the heck do you quote embedded quotes (i.e. quote numerous posts in a thread and not just the last one).

Second, they do "have a pension." The formula is such (I believe) that it is/was not nearly as lucrative as our A fund used to be---but it is an A fund nevertheless, at least for their senior guys. They were many years ahead of us with their B fund which was funded alongside their A fund long before we ever had a DC plan.

I believe that none of their new pilots get "a pension." In fact I wouldn't want one either if I were a new guy. As we have discussed before, a pension is merely a promise to pay that management will hold over your head, threatening to terminate if you don't play ball.