Originally Posted by
slowplay
Which is it, Carl? Is retirement a right protected by contract and ERISA or a convenience for the company.
Which is it? What have I ever said that would lead you to believe I think retirement is a convenience for the company???
Originally Posted by
slowplay
btw, you answered a question with a question. The Delta retirements are historical fact.
The question was: What did you do to stop that historical fact? It was rhetorical because I know a line pilot has little to do with stopping anything. Some DAL pilots haven't learned that yet.
Originally Posted by
slowplay
The underfunding of the NWA pension plans are current fact. Are you going to protect against sick leave abuse, theft, and retirements that aren't built into the actuarial funding model of your plan?
See the above response.
Originally Posted by
slowplay
Or are you hot air and an example of what you suspect a "high number" of NWA pilots will do?
Those early retirements that you wish for only make your already underfunded plan more underfunded....
Actually, you're wrong about that as well. Early retirement has no effect on the plan's funding. You take a 3% penalty for every year you retire prior to age 60.
Carl