I love how this thread turned into more name calling, belly aching, and dredging up the past. Not so much on what to do now.
Not many options here.
1. Take massive cuts now to try to string out the fund as long as possible.
2. No cuts and let the fund go broke and turn it over to the PBGC, which in turn will go broke because it does not have the funds to cover the pension even at the reduced rate.
3. Government bail out. Very long shot. Like a hope and a prayer.
4. Just work till you die.
I think for most of us it's option 4. Sorry to be the one to break it to you.