Originally Posted by
Mem9guy
Although it did not go to the PBGC like the South pensions did, after a cutoff point of somewhere between 17-20 years of longevity, the rest of us are at or below the PBGC limits. Mine was frozen at 10 years minus furlough time. I will get $425.00 a month. Not exactly the windfall that some seem to think that we have...
Not that it comes close, but that is why the DC is targeted towards you (a good thing IMO).
We can all thank the SWA, JetBlues and AirTran etc for this. At the time the only guys making money off real cheep tickets were the guys with no pension obligations. So, guess where our band of thieves wanted to go...........
