luckytohaveajob
Well-known member
- Joined
- Nov 17, 2005
- Posts
- 1,114
Traditional pensions are the gold standard of lifetime employees. Airline management maintains their pensions as secured bonds which even pay in bankruptcy proceedings.
Union workers who think they are over rated because they are not in your name and won't get them don't get it.
Guaranteed benefit is what is so important. And employee groups which sacrifice guaranteed payable benefits to keep the company in business are losers. UAL/US Air/ NWA/DAL/CAL sacrificing benefit to keep a paycheck is obsurd!
And companies who never offered such are inferior and short term thinkers concerning their employee's futures creating haves and have nots when the growth stops- SWA. SWA new pilots will all be the have nots while the old timers screwing everyone over will be the have it and pull up the ladder types.
http://finance.yahoo.com/focus-reti...raditional-pensions?mod=fidelity-changingjobs
Union workers who think they are over rated because they are not in your name and won't get them don't get it.
Guaranteed benefit is what is so important. And employee groups which sacrifice guaranteed payable benefits to keep the company in business are losers. UAL/US Air/ NWA/DAL/CAL sacrificing benefit to keep a paycheck is obsurd!
And companies who never offered such are inferior and short term thinkers concerning their employee's futures creating haves and have nots when the growth stops- SWA. SWA new pilots will all be the have nots while the old timers screwing everyone over will be the have it and pull up the ladder types.
http://finance.yahoo.com/focus-reti...raditional-pensions?mod=fidelity-changingjobs