PPRuNe Forums - View Single Post - Pension damage at United
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Old 17th June 2006 | 01:25
  #17 (permalink)  
Semaphore Sam
 
Joined: Sep 2001
Posts: 339
Likes: 0
From: Eagan, MN
I heard it reported today, Delta's pilot pension scheme will be 'TOTALLY' cancelled, sometime in September? Who does this affect? Guys retired for 10-20 years, guys just about to retire, guys facing retirement in 3-5 years? Can't believe there will be a TOTAL loss...? What about the executives...will execs retired 10 years previously lose their retirements also? Will 'Golden Handshakes (fleeceings)' for CEO's also be refunded? Just like to know, Sam.
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