What is B fund??

[jonjuan]

Lets simplify it.

A Fund = Great retirement plan for Airline pilots but
can be destroyed if your airline goes broke.

B Fund = OK retirement fund. Your money take it
wherever you want. Company funded. But it
is invested in the stock market and we are
about to see another depression that will
make the last one look like a recession.
Broke again.

A Fund- Didn't many DAL pilots over 50 get lump sums of $1 million during bankruptcy? Don't really call $1 MM, destroyed.

 

[Whataburger]

When it states the company offers a b or c fund, What does that mean?

Good question!!

 

[AV80R]

A Fund- Didn't many DAL pilots over 50 get lump sums of $1 million during bankruptcy? Don't really call $1 MM, destroyed.

I think he/she meant destroyed for future employees and those who were under 50. Will they be able to get the same benefits?

 

[AV80R]

When it states the company offers a b or c fund, What does that mean?

I'm not sure but possibly a B plan was terminated at a certain juncture (restructuring?) and a new plan was put in place instead on a specific day? So depending on when you were hired there might be a different plan for you? Again, not sure just speculating; I remember Continental "froze" their B-plan for a while - but not anymore I think?