I'm assuming you are referring to me. Yes, I'm on track to have an income in retirement better than what I would have had with the pension alone. However, don't forget that we had the 401k (DPSP) in addition to the pension.

Definitely, the note, claim, PBGC money, company contribution into our 401k (DPSP), etc. offset to some degree the value of the lost pension. I don't know how to put a number to it, but I don't think it offsets the entire lost value of the pension. I'm simply stating that my income in retirement looks to be better than the income I would have had from the pension alone.

Now, if we had kept the pension we still would have had the 401k (DPSP). We wouldn't have the note, claim, PBGC, etc. And I would imagine the company contribution might not be as high of a percentage. But we still could have added the BrokerageLink capability, which makes the 401k (DPSP) potentially more valuable. So my gut feeling (don't know of any way to quantify it) is that there is significant lost value with what we currently have versus what we could have had with both the pension and the 401k (DPSP). In the context of restoration, I think it's a mistake to completely dismiss that lost value.

And of course, that doesn't even touch the pay cuts. Like I said in another post. I figure the average Delta pilot who's been here over the entire time period (2004 to 2014) has contributed about $100K per year to Delta's recovery. Over 10 years, that's $1 million per pilot! And I'm not suggesting we be repaid for that. I'm only suggesting it be made right going forward. Restore our pay. Stop outsourcing our jobs. And we'll call it even. I think that's more than fair and reasonable!