Originally Posted by ERJ135
Hi,
I have question about DAL MGT attempt to terminate pension plans. Would that mean that if they do terminate pensions that everybody even those that have already retired would stop getting a pension check or is there a cut off date for those that would be affected?
Anyone and everyone would get their pension terminated. The pension would (Hypothetically, hopefully not) be handed over to the PBGC and everyone who was receiving benefits would get them cut. The amount they would eventually receive will be around $30,000 a year, regardless of their seniority and pay.