Now that ALPA is gone, these same people want us to just forget about it and go on with our lives. They tell us that we would be wasting our time and money and that the people looking into the pension were not involved in the termination, so shouldn't be involved in the investigation. In fact, they tell us that only they have the expertise to do a complete investigation"
November 2004 management filed in bankruptcy court to terminate the pension plan of
CWA agents frozen pension plan, along with the pension plans of the flight attendants and the mechanics Management could not explain how CWA agents frozen plan (which they claim was $270 million under funded) could have deteriorated when it was fully funded at the time it was frozen.
CWA meet with actuaries for the plan to try to get to the bottom of that question.
the out come of the investigation was never make known
November 2004 management filed in bankruptcy court to terminate the pension plan of
CWA agents frozen pension plan, along with the pension plans of the flight attendants and the mechanics Management could not explain how CWA agents frozen plan (which they claim was $270 million under funded) could have deteriorated when it was fully funded at the time it was frozen.
CWA meet with actuaries for the plan to try to get to the bottom of that question.
the out come of the investigation was never make known