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Old 09-16-2019, 11:25 AM   #8  
howardhughes8
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Joined APC: Jun 2014
Posts: 311
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Quote:
Originally Posted by ebuhoner View Post
Thank you for the information!

So for the A/B plans, could the company take it away in a financial crisis? I had an AA jumpseater the other day and he told me about how AA took away their pensions a while back. People who had over 2-3 million dollars saved for retirement, all of the sudden, gone. How could something like this happen?
If Fedex and/or UPS ever declare bankruptcy we all have much bigger problems!! Not full proof by any means, but pretty darn close. All the major pax carriers (except Southwest) went through bankruptcy to start over, clean slate. If did wipe out many peopleís pension. Corporate America at itís best.
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