The "Good" News just keeps pouring in.

[swamt]

Once again you get the FULL dollar accrued. That’s what I’ve stated numerous times. You can’t count on getting something you didn’t accrue.

Agreed. Just pointing out that most benefits are cut from what they were expecting if said pension was still active and funded until their retirement. No matter how you wanna look at it, it's still a reduction in their full benefits they should have received at retirement, period.

 

[swamt]

However, this article is dated June, 2018. It doesn't naturally follow the "stock-slide" article.

True on stock issue. I lost the other articles I was reading in my bank. Just google parker and AA and you will get them.

 

[ALUS78]

However, this article is dated June, 2018. It doesn't naturally follow the "stock-slide" article.

Pile it on anyway if it makes you feel good.

 

[BeechDriver]

Wrong the PBGC pays the full value of years accrued unless it’s over $67,000. I’m collecting the exact same amount for the years accrued. No one way except pilots who’s pension was over $67,000 a year. I’ve worked with the PBGC getting LUS former employees their pensions from the PBGC. You get the same exact amount.

Not.

https://www.pbgc.gov/wr/other/pg/priority-categories

 

[Phoenix757767]

Not.

https://www.pbgc.gov/wr/other/pg/priority-categories

Then why are all ramp, maintenance and CSA at LUS getting our full dollar amount ?

When US terminated the pensions they had to give the PBGC stock in the new US to make up the shortfalls.