I posted this in another forum but I wanted to get a thread started here and see what you guys think? No yelling at each other that gets us nowhere. Lets just get some solid discussion going.

All the airlines need to switch to 401k plans. That way the money is in the bank and we are not funding guys pensions who retired 10 years ago today, when they should have been funded 10 years ago while he was working. This would solve so many problems. They can be rolled over from your first regional job on up the chain so each employeer you have in your career helps carry the burden instead of just your last place of work.

Not to metion that US Airways is retireing 50% of its pilots in the next 10 years. No wonder they have labor cost issues they are paying 50% of their pilots probably pretty close to 12yr pay in thier aircraft. Just a thought. I know it would be a nightmare to switch over now but sometimes the hard thing to do is the right thing. Even if it was a half-half switch giving the younger guys the 401k, that way the next generation of pilots won't carry our load??