Originally Posted by
sailingfun
I talked extensively with multiple people about retirement during the last contract. The reality was that it got very little play on the contract surveys. The notion that deadzoners controlled the process is also incorrect. The reality was there are about 2500 true deadzoners out of over 12000 pilots at the time. Many deadzoners who invested well unlike me were satisfied. The market performance since 2009 has put many pilots in a good position. When you add up the MPP cash, Note cash, claim cash, PBGC pension and merger stock even a investment idiot like me is looking pretty good in retirement. I am better off than NW friends who had their plan frozen hired in my time frame.
I've heard the 8000 number from multiple deadzoners so there's an obvious huge discrepancy here. Why would one way over inflate their numbers and then admit they could have controlled their own fate? That doesn't make any sense. I'm also not saying you're wrong. Maybe these people were including anyone who lost the full value of their pensions, regardless of their final PBGC amount, in the deadzoner camp.
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