Originally Posted by
slowplay
I guess you don't understand how underfunded pensions work. We got to see it up close and personal at Delta. Every pilot "made whole" getting "their" money meant less money for all the others who had earned a pension when the plan terminated.
They just got divorces...riiiiight....
Glad you enjoy those retired, oops, I mean divorced pilots who left less for you sitting in your seat! Did you send gifts for their remarriage ceremony?
I hope the facts come out. If they're thieves, they ought to be treated as such.
You do understand that Delta was playing with the bankruptcy rules whereas CAL isn't. Only a court can terminate our plan. We may be forced into annuities because of this but thats it. And by the way; more than 9 pilots pulled this stunt. I guess the others covered their tracks better and made it harder to prove.