Originally Posted by Gone Flying

some (not all) former NW pilots have a frozen pension. In some cases it’s worth a substantial amount.

Most DL pilots hired prior to 9/11 have a PBGC benefit. It may not be a pension but it’s an annuity that’s paid out for the rest of their life.

Worth noting this isn’t much of a benefit at all for those hired in the late 90s- early 2000s. But from the numbers thrown around by guys hired in the 80s and early 90s, it’s not insignificant.