Originally Posted by
Daytripper
Just wondering aloud, but since we are in negotiations, the furlough leverage only threatens the bottom half of the list, could they,(management), use the "A" plan as some sort of leverage..........say, for scope relaxaton??? Does a company have to be in bankruptcy to de-value the A plan in any way? I know a furlough affects the whole airline.....but the company is always looking for leverage.......that, I'm sure of.
My understanding is that only a bankruptcy judge can dissolve the defined benefit plan (A plan). It can be modified (ie. frozen, removal of the lump sum) but not dissolved.