Hence the point of forming corporations in the first place.
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.
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.