Originally Posted by slowplay

Yeah, that's just what I want...my survivors dependent on the financial health of Delta to pay their benefit...

I mean, what could go wrong? The pension was so overfunded that it didn't require any contributions since 1991 (until it was grossly underfunded). It was self-funding, just like the D&S!

Question: what happens to the funded status of the D&S Trust when all the current retirees die off and their survivors begin to draw the benefit?

I've seen how a Delta promise to pay works out, so I'd prefer to keep the $542K of insurance. My survivors don't pay tax on that money and it is completely independent of Delta. The pension termination and 1114 of the retiree medical benefits taught me to pass on Delta's promises that aren't funded in my name and portable.

So I'll pass on your option, thanks.