Originally Posted by
767pilot
have you seen the accounting on that one? We just got a letter from the PBGC and it seems to me that the longer you wait (65 instead of 60) you get a much larger benefit from them, making it more expensive not less. OK, maybe they'll pay fewer years making it neutral, but I don't see the savings. As fast as that thing went through, I can't imagine much thought was given to accounting items.
No I have not.
As you know, politicians would never let a few facts get in the way of an agenda.
They also get to fly the banner of saving the airlines from a "pilot shortage".