Originally Posted by
LifeNtheFstLne
They (CALALPA) cannot encourage the seniors to retire right now. A run on the A-Plan by too many would create a shortfall and liquidity issues. There's not enough money available for the lump sum option to be elected by too many pilots. As I understand, it is still minimally funded.
There aren't possibly enough pilots eligible to retire that could have the adverse effect you describe. There is enough there to adequately fund those eligible to retire. But you don't have to believe me. Send a query to the R&I guys.
Last edited by Boneman; 08-19-2009 at 10:26 AM.
Reason: sic