Thread: Backpacks off
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Old 01-03-2016, 04:13 PM
  #29  
Big E 757
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Joined APC: Nov 2013
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Originally Posted by tomgoodman View Post
Here's a news excerpt and the link.

"PBGC is scheduled for Dec. 20 in U.S. Bankruptcy Court in New York.

Other terms of the agreement:

_ When Delta emerges from Chapter 11, the PBGC will be deemed to have waived its rights to restore the pilot plan in full or in part."

Delta, Pension Agency Reach Settlement
Wow. I didn't think a quasi-government agency would ever agree to something like that. And I hope you don't think I was questioning you personally, I felt like it was third hand info you were sharing by virtue of how long it's been since that all happened.

Thanks, but that sucks. Not that I thought we'd ever get the pension reinstated.
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