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To: NittanyLion

Hence the point of forming corporations in the first place.


14 posted on 09/05/2006 3:44:48 PM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: longtermmemmory

The pilots have had good notice to bail out by retiring early and cashing out. I don't know how many did,,maybe they weren't elgible to retire and were stuck.
It is obvious that no defined benefit retirement plan can be counted on. A lot of big names have done down over the years.
I really think they should be outlawed..companies just find too many ways to underfund them to pump up their short term results.


15 posted on 09/05/2006 3:49:38 PM PDT by Oldexpat
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To: longtermmemmory

The pilots have had good notice to bail out by retiring early and cashing out. I don't know how many did,,maybe they weren't elgible to retire and were stuck.
It is obvious that no defined benefit retirement plan can be counted on. A lot of big names have done down over the years.
I really think they should be outlawed..companies just find too many ways to underfund them to pump up their short term results.


16 posted on 09/05/2006 3:49:44 PM PDT by Oldexpat
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