|Quoting FXramper (Reply 1):|
Didn't Eastern do this before they liquidated?
|Quoting COERJ145 (Reply 4):|
so this would mean NW will survive through 2006?
|Quoting JAFA (Reply 5):|
This means the pilots will keep the pensions earned up to this point, and a new 401K type pension plan will start from today until they retire. So they will get thier pension from two plans when they retire.
|Quoting Centrair (Reply 7):|
I always wondered why they didn't have 401Ks. Many businesses offer these as a retirement option. Aren't they safer?
I was reading the release from the MX/ground negotiations. The MX/ground didn't want a 401K but wanted the current system. It just doesn't make sense to me.
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