The last DB retirement section from 1999 was not written by pilots and neither will this one be. Actual financial professionals designed this and it’s already in use by other companies. The specifics will be negotiated by finance professionals.

It’s protected by the Pension Benefit Guaranty Corporation (PBGC). Can’t be fully lost due to BK.

The Union has already stated that no one will receive less than what they would have received under the current A plan. People that may have been “left behind” will be plussed up.

The current dip has already been planned for through a stabilization reserve or floor plan. As previously mentioned, the Cheiron looked at every time period between 1929 and 2018. At no point did the VBD play second fiddle to our current A plan.