<_< ------ I hate to breack your booble Raptor, but just because you retire doesn't mean it'll be there for you for the rest of your life! They can terminate it a day after you receive your first check, and that check would be worthless! Or ten years! In other words, they can sink that boat, with you on it, at any time! That's unless----- You have someone (UNION) watching out for you!
From the way I understand it, once you retire even if the company files bankruptcy and the Pension goes to the PBGC if you are already retired you will continue to get what you were getting before they filed, so once I make it on the retirement boat the Government will keep it a float for me, and it won't matter much what happens to AA or the TWU at that point.
That is my understanding of the situation, hopefully that is correct, but even if it is not, all I can do is leave at 55 and hope for the best, because I really have no interest in continuing to work for AA or being in a Union after that age.
As far as Money goes I have no car payment and my house will be paid off in the not to distant future and that will be an instant $900 dollars a month pay raise for me, not that I need it but it will still be nice. I just have to make it through two more 5 year contracts and I am free and clear MCI Transplant. Wish me luck