Thread: Retirement
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Old 12-24-2019 | 09:29 AM
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Dave Fitzgerald
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Originally Posted by m3113n1a1
DL guy here. We have a huge debate going on over retirement restoration/improvement. Lots of our older guys who lost their pensions in bankruptcy want some sort of restoration or defined benefit. Our union has been throwing out all sorts of ideas such as Minimum Benefit plans. Is this something you guys have been focused on too? It seems to be a major point of contention between different generations of Delta pilots and the Union.
Lost your pensions? I thought it was frozen, not lost?

Might want to rephrase that for a UAL forum. We had ours,(LUAL,) stolen by the PBGC, courts, and Glenn.

To answer your question, yes, I believe our negotiating committee has had direction to see what can be done in negotiations. But, it will be very problematic as LCO had theirs frozen, so they still have an A plan. LUAL does not. So, negotiating for just one side would not go over well.

Yes they are trying to come up with something. As we get more new hires, that may affect the equation. What? No idea.
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