This pension snatching has to stop. It's a virus seemingly started in the US and now spreading. Many of us have stayed throughout the bad times at our airlines in hopes of making it to retirement.
Of course, we realize tending to our futures is mainly up to ourselves but in many instances, not our own making, we are being robbed of what was promised us. Here in the US, airlines have used the bankruptcy card to cancel pensions. You will notice the CEO's and higher level executives manage to slink out with obscene pay-outs, iron clad pensions not just from one company, but from several. Also taking with them life-time medical insurance and positive passes in First Class.
The CEO's seem to have absolutely no shame looting the company coffers and reducing the employees to near poverty. Perhaps this is legal, but how is it moral? The impact on society has not yet been measured to my knowlege but I predict a major drain on tax revenue and medical services.
Shame, shame, shame!
Dea