Originally Posted by
CBreezy
Anyone pushing for a DB now is essentially saying screw the younger guys because when the next recession hits, it'll be the first to go. But as long as you get yours, right? An increase in retirement benefits helps all pilots. A DB only helps senior pilots.
Wrong on so many accounts. Do you know how ERISA law works? A DB can only be terminated if it meets the criteria for termination. THAT is a pretty big hurdle. You do know that American tried (while in bankruptcy) and was denied.
An increase in DC helps all pilots but helps younger pilots more...as long as you get yours right?
A DB helps all pilots too. If a DB is terminated, you do realize it gets turned over to the PBGC. It doesn't just disappear. You just have to wait longer to get yours and with a millennial attitude like yours it's "screw the old guys." See I can name call and pigeon hole too. Why don't you try and a make a cogent argument without the drama.
Denny