Originally Posted by Excargodog

Autocorrect turned “furloughs” into “early out packages”? YGBSM

READ WHAT I POSTED. It wasn’t just the retirement change, but the fact that Delta declared bankruptcy in 2095 and defaulted on their pensions:

https://www.pionline.com/courts/delt...filings%20said.

United declared bankruptcy in 2005 and defaulted on their pensions:

https://www.nytimes.com/2005/05/11/b...ion-plans.html

And American threatened pension default to force salary givebacks and freezing of pensions with conversion to 401Ks in their bankruptcy.


https://inthesetimes.com/article/a-v...re-still-looks

And then there is still the math. A two year change from 65-67 simply will not have the same impact as a four year change that was largely approved to allow the pilot who had been hammered by their company’s bankruptcy to try to offset the retirement funds and salary they had just lost.

It is not remotely as severe even in the unlikely event it actually happens.