Originally Posted by BobZ

The alpa 'accounting experts' have all the data.

I'm just a dumbazz line pilot but right now I would guess between the unqualified payments which would be paid from operating revenues..... and required payments to the trust which would satisfy the qualified payments .....the current number would conservatively be $500M/year.

And with retirements over the next 5-8 years..... it easily would exceed $1B a year.

Tim....alpa gains nothing from restoration of an income stream from which they derive zero dues dollars. Right now alpa has tapped nearly 100% of your compensation for dues dollars.

What we all should be demanding right now is alpa having a mandatory PWA section requiring any carrier that has availed itself of bkruptcy to shed the pilots pension obligation.... be required to backstop the PBGC benefit payments.

The pbgc will have to move to cut benefit payments in the near future. Likely before you reach the mandatory retirement age.