Blues` said:ALPA's tentative agreement with United does not permit the termination of the pilot pension plan without a final judicial determination that pension termination is necessary for the Company to emerge from bankruptcy or at any point prior to May 1, 2005. As the PBGC is well aware, there are no grounds for the termination of the pilot pension plan.
In addition, the tentative pilot agreement requires United to continue the pilot pension plan if any other United employee group maintains a defined benefit pension program following the bankruptcy.
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My oh my, all this faith in the ultimate power of a (not yet ratified) agreement with United management.
They aren't even honoring your current agreement, what makes you think a new one is of any value? :blink: