Pension policy encourages divorce

Video report here. Truth once again is stranger than fiction. Continental Airlines is suing some pilots who "faked" their divorces so they could get their pension distributions early rather than take the chance that their employer will go out of business and eat the pension fund.

The bigger picture here, aside from jobs being in danger and people acting thusly, is the fact that these kinds of policies encourage couples to split up rather than stay together. As for the comments regarding the Pension Benefit Guarantee Corporation, I doubt most people believe this, even if it is true, in the face of so many institutions considered solid just a year ago turning out to have feet of clay.