Originally Posted by
Denny Crane
What he said.
Denny
Except that it wasn't the pensions that bankrupted Delta. Pensions didn't set Delta back which in turn set him back. I don't want a DB pension, but it would be nice to have some kind of bridge tax deferred/advantaged retirement help. What I would even prefer to that would be a really good retiree medical plan. That makes the saved dollars go much further anyway.
IMHO, the big mistake was opening profit sharing to anyone not on the seniority list at the time. WE paid for that, and EVERYONE gets it, yet act offended if we want any restoration. No hypocrisy in there.... naaaaah.
Fire away.
Money grab my ass.