Originally Posted by
tsquare
Do you seriously the PBGC will be solvent then.. or better yet.. that they will actually pay when we hit that age? or will they say.. like Social Security.. that the retirement age, and therefore your eligibility to get those monies is... 70?????
Don't get me wrong, I wouldn't go back to a DB plan for all the tea in China, but using numbers from the PBGC and any other overtaxed gubbamint agency is scary to say the least..
So let's use the numbers of an airline that may or may not be solvent to make comparisons to judge our losses. Airlines never go out of business. Those DB plans were money in the bank, a sure thing for decades to come. We should have gone all in on for our airline DB plans.
