Thread: Any "Latest & Greatest" about Delta?
View Single Post
Old 03-07-2012 | 04:13 PM
  #92000  
acl65pilot's Avatar
acl65pilot
Happy to be here
 
Joined: Jun 2006
Posts: 18,563
Likes: 0
From: A-320A
Default
Originally Posted by sailingfun
However even if the pilots willingly terminate the PBGC still has to agree to the termination. They can refuse to takeover the plan.
Correct. They may agree to a lower payout after it is frozen.