Originally Posted by
BobZ
considering what we lost....like the unqualified half of the pension benefit......the claim of best compensated needs further definition.
I dont think im anywhere near $800K tax deferred rollover of b-plan ahead of my apa contemporary.....even with the 50% of the note and claim i took home.
That is a good point. I forgot the APA pilots' pensions were frozen instead of terminated. But it highlights the role of politics in our success. AMR tried to terminate their pensions and the head of the PBGC said, "Not a chance." The American pilots benefitted greatly from timing and good political fortune in that regard, but some legacy NW and CAL pilots also have a frozen A-plans.