Ralph
Like so many companies in all fields of employment, the defined pension plans so popular 30 years ago are disappearing fast in America.
The way you retire from Comair, as with many employers in America, is to plan for it your whole life. This is done by contributing to a 401(k) or 403(b) plan. Those funds belong to you, and can never be taken from you by a bankrupt company, or theft of those funds by a companies management. The company usually contributes a certain matching amount to your elected contribution. Over time, those tax deferred dollars can become very sizable. The secrete to success for this to work, is to start early in your life, and contribute as much as you can to your 401(k) until you retire. I know. I am retired, and I have a sizable "chunk" that is mine to live on, plus the social security benefits added to it. Social security, may, or may not be there for you when you reach retirement, so don't count on it. It most likely will be broke in 2037