give the guys who have a lot invested in the program the option of keeping it.
NWA just froze it. You kep whatever benefit you have earned up until that point.
Albie I think you may have found your first campaign issue.
My pension is worthless to me, after watching what happened to my uncle at UAL. And our turn in the barrel's next.
Memphis is chock full of Wharton MBA's that get up every morning looking to cut labor costs. Can you imagine the erections they got when they saw major airline pilots lose their pensions? Can you imagine any scenario where they don't try that sometime before you die? And that's if the company even survives that long (i.e. Pan Am, Eastern, etc....)