Originally Posted by
captjns
..... fellow employees are not screwed. The employees have accrued their benefits, and would be entitled to the lump sume equivalent of said benefits. It's theirs for the taking whether they terminate their employment, retire, or have to make a distribution to an alternate payee under the provisions of QDRO in the event divorce.
These chaps chose a legal way to protect their accrued financial interests as provided under the provisions of Internal Revenue Code.
Who cares if they chose to get back together
with their spouses after a dirty
divorce.
I say chalk one up for the employees, and for once mgt. got what they deserve... self protection by the employees
Where are you getting this information? Their fellow pilots are getting screwed. That money is for retirement purposes, NOT sham divorces. Seriously, do you REALLY think 8 "friends" would ALL be getting divorces AT THE SAME TIME, getting their lump sums, giving it to their wives, and then ALL of the getting back together at the same time isn't just a "little" bit fishy? It's a sham and they all deserve to go to jail, plain and simple. Personally I hope their greed and stupidity puts them in the poor house.
