HI
From the states here:
Prior to 9/11 as a 737 captain for a major airline I would have gotten 60% of the best 3 years averaged for my pension at age 60. Pay raises on the books at the time would have given me 60% of 220K a year for a pension of 132K.
Since the bankruptcy if I retire at age 60 I might be getting 28 k a year...if I wait till 65 I might get 42k a year.
As I was 45 years of age in 2001, I could even expect more should I go to a bigger plane (likely) and kept pace with inflation (also likely).
Funny how the CEo has gotten a 400% pay raise while the pilots have taken a 50 percent pay cut and lost their pensions.
Americans have had a sense of fair play...not anymore.
j