Originally Posted by APCLurker

$175k per year in '06. How ever did you survive......?


Try $0 for over 5 years on an unfunded involuntary vacation. And on top of that, both pilot groups at the time supported things such as retired pilots coming back to work while folks were on furlough, and 3 loa's allowing the company to "flex up" monthy max times in certain categories despite it stating in the contract it was forbidden to do so with furloughs. But hey, the guys that got to enjoy that financial windfall were the annointed 747 and dc-10 folk. And nevermind it was shown that those loa's kept furloughs on the street even longer.


You (and others) sound just like those individuals that had a full, or close to full frozen pension and as such, received little to no targeted Defined Contribution so that more Defined Contribution went to those with significantly less to no frozen pension (the 'ole "stovepiping" nwalpa called it). What did some of those individuals do? Sued in court to get a slice of the DC contribution pie. It wasn't enough that they had almost a full frozen pension (and some had more via a special annuity). They had to have more. 'Cause.


And to make it even worse for those with little to no frozen pension, the extra defined contribution they got disappeared in '14 with the joint contract. Their DC was reduced to less than what they had been receiving. To this day, it is still less. And those same folk with the full/significant frozen pensions? They got yet another windfall when all of a sudden they had a fat 14%(?) DC contribution. While some others got a reduction.


Anybody that wants yet another eye-opener along the lines of good 'ole buck here research or ask around about the tanksley group.


I am going to be very un-pc here, but I really don't care after reading the same drivel from the likes of you and other top-of-the-heap's since the bankruptcy and furloughs: Please feel free to take your $175k in '06 and stick it where the sun don't shine. Ideally one Federal Reserve Note at a time.