Agreed.Although we, (I voted no) did pass the pos contract that kept our pensions, many NWA pilots will not even get beer money at retirement.
At the top seniority, pilots will get a lump sum of the excess over the TEFLA limits of about 250k, and then rake in 13000 per month...
The rest of us are on a declining amount based on your seniority with the most junior getting less than 100 per month!
After being hired in early 1995, My Wife and I will be raking in about 3000 per month in 2022.
I think my social security will be worth more.
It would have been better if we canceled the pension and received a large settlement check similar to DAL.
It is hilarious that some here suggest that DAL should be given favor in the SLI based on the idea that NWA pilots have a frozen DB plan. First of all, it is something that can be terminated with the stroke of a judge's pen in a future BK. Would NWA's penalized seniority, based on our perceived pension advantage, "snap back" or be recalculated at that time in the future? Yeah, Right. Second, if Lee wants to use that logic then we would have to analyze and assign a value to the $ they received when their plan was terminated. I never hear him mention that.....
Anyway, my wager is on a last-minute negotiated SLI as it gets close to ruling date. If so, my bet is that it won't look much like EITHER side's current positions.