Originally Posted by
fireman0174
The article failed to mention that after turning LTV's pension back to them, they went into bankruptcy again with the "returned pension" going back to the PBGC a second time.
It also fails to mention that UAL pilots voted to cancel the pension in order to negotiate a "better than nothing" deal. I don't think the PBGC would have any power over UAL to restore a pension the pilots voted out (under duress or not).