Have to say... this is a VERY valid & very imp. point! & If... & i really stress if!... what all have been told about their respective pension plans is accurate, well, most if not all are supposed to be plans all unto their own.. none are exactly the same (to the best of my knowledge) All these pension plans are not all wrapped together into one big plan! So this argument is VERY valid!
I know that in our current situation (Mersey)... our pension plan is also said to be seperate from the rest... & also NOT in ciaa protection, so as far as the mail outs & news reports go... well i have to ask WHY?... in our case there is no reason for anyone to be losing anything as far as pension goes... Company is still on the hook, but this does not seem to stop them from trying to scare all retirees into god knows what!
Not good when the courts & the company themselves do not seem to understand or are intentionally misdirecting retirees into an action that is not in their best interests!!... Me thinks its time for retirees to obtain their own council seperate from this company & union!!...