Originally Posted by
Pineapple Guy
Denny, I googled "Delta Air Lines Form 5500". Up popped a link to download that off the "Disabled Delta Pilots & Survivor's Association" website. If you reference that, it pretty much validates what slowplay said earlier. As of 6/30/10, the D&S has about $1B in assets, but $1.8B in liabilities, with the majority of those liabilities to pay current survivors and future survivors of current retirees. Considering, its substantially underfunded at present, it seems a bit unfair to drain the fund further to pay me a future survivor benefit, unless, of course, we want to negotiate to greatly increase the funding. But that would be significant cash, and I'd rather have that in my paycheck, rather than the D&S Trust.
Oh crap! Now I'm agreeing with PG too!!!