Pension Plans: Qualified vs Non-Qualified
We are a Qualified plan. Thats HUGE!! Pilot Benefit book page 274
" Among the protections provided by qualified plans is the requirement that contributions be held in a trust, SEPARATE and APART from the employers assets, and protected from the employer's or employee's creditors."
Simple and how I understand it.
No PBGC, No FedEx, No ALPA, No risk and still get my $130 until i die.