In a message dated 3/28/2003 11:35:51 AM US Mountain Standard Time, lafrance@xxxxxxxxxxx writes: > Doesn't anyone think its ironic that a pension company that bought USAir > is terminating the pilots pension fund for a cheaper one. Maybe theirs? > Not exactly...they invested a lot of their money in US Air; have control of the board; but don't own US Airways. A chapter 11 filing gives any company the opportunity to address all expenses that affect the success of their reorganization. A lot went overboard...salaries, leases, employees, and yes the pension plan. It's not the first time, and certainly won't be the last! RT Simpson Phoenix