Help Our UAL Friends

"sfb" wrote in message news:luAXe.1713$Az1.376@trnddc07...
I suggest you lock up the Congress critters as UAL and the other legacy
carriers are only doing what the law permits. If they were ignoring the
law, the SEC would have done a number on them long ago for incorrect
financial reporting by a public company.

I think that the time has come and past, where companies can so easily dodge
a pension plan's obligations. There should be laws passed to protect all
pension plans, by holding them in trust, or whatever means are necessary.
Allowing them to dodge them is, IMHO, a breach of contract.

Who is going to pay for all of the people who lose their pension, as they
get aged, and were planing to live off it? You and I, the younger worker,
one way or the other.
--
Jim in NC

"Morgans" wrote in message
...

Who is going to pay for all of the people who lose their pension, as they
get aged, and were planing to live off it? You and I, the younger worker,
one way or the other.


Yes, because money will be taken from us unlawfully and given to them. So
what good are laws?

"Morgans" wrote in message I think that the time has come and past, where
companies can so easily dodge
a pension plan's obligations. There should be laws passed to protect all
pension plans, by holding them in trust, or whatever means are necessary.
Allowing them to dodge them is, IMHO, a breach of contract.

There ARE laws in place. And there are a few Congress critters who exercise
intelligence of a higher order. A couple of them wrote guidelines for
'defined contribution plans (401k)'. Most workers with defined benefit plans
scoffed at 401k plans, but 401Ks aren't looking so bad now. Which plan do
the profitable carriers offer?

D.