Maybe he can still retire and maybe he can't now. But they did it because they can. They made different groups pay different cuts for many reasons. age, length or service and if your company went under or not. If you are still working for an active company and if your company is paying full amount into the pension fund or not. A well thought out plan for the cuts and all in all fair, but I still think it sucks. Each retiree, was treated per his own set of circumstances. I had to take the max cut.
