Originally Posted by
Bill80
The company doesn't want the liability of the pension on their books. That's why they'll only agree to increase it by ending it eventually.
I don't think many new hires would really care about having the pension or not. They'd likely prefer what they hear about at the pax airlines.
I agree with you.. I mentioned removing that liability too. But like I just showed... the math on a percentage or cash over cap is by no means less risky or guaranteed to generate more retirement income. Contracts are also bargained for the median pilot .. not the 100% upgrade work 20 days a month till age 67 person. Your results may vary.