Originally Posted by
golfandfly
I am not saying this is true or not, but was recently told that the PBGC would not guarantee both pensions (our current A plan and the variable). This could be complete nonsense, I have absolutely no idea.
I think the actual rule is they will pay one pilot for one plan. My only point you can’t pretend the stabilized variable (giant shrimp) plan can save PBGC payments if the payout is the same.