Originally Posted by
Ottolillienthal
That seems reasonable to me. I just don't want the company holding the money longer than necessary, and/or for the purposes of providing additional self-insurance should any further age changes occur. An age increase, or further law changes in my opinion should trigger new negotiations and any over-payments or over-funded plans should not be used in those calculations.
Problem is that some pilots were contractually covered to normal retirement age as opposed to a set number