Originally Posted by
IFartInYourSeat
If I recall correctly, during TA 1 didn’t the former R&I lay out a scenario in which the pension can be terminated for active pilots? Additionally, the NC responded to it by saying (paraphrasing here) that “yeah, it can be terminated but we’d have to do it ourselves.”
I was kind of shocked by that.
Right now the contract is the only thing "saving" us from the company chaning our pension. They already changed it for most everyone else. The company is allowed to change the pension all they want. You cannot lose your accrued benefits, but they can change your pension plan gonig forward. We have a contract that stipulates our pension. We have to agree to change/reduce our own. Voting for the TA1 would have allowed members to reduce their own retirement voluntarily. Or maybe chose an option that they "think" is better.
Everything I see leads me to believe that with a split retirement in the contract, "we" can change the retirement for one group or the other contractually. Others have said that cannot happen. I'd like some kind of reference if we cannot. I've posted references where it looks like it can.