Thread: What to do next
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Old 12-09-2008 | 05:48 AM
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From: DAL 7ER F/O
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Originally Posted by caddis
Thats my suggestion anyone else have any?
Yes- only the extremely obvious one. Delta froze, then terminated the Delta Pilot DB plan. The former NWA pilots still have their frozen DB. I don't know of any precedent of merged ALPA pilots flying together where one in the cockpit has a pension and the other does not. This needs to be addressed and fixed.

As a 1990 hire, I had accrued a fairly significant pension at time of freezing and termination, yet my PBGC and bankruptcy recovery cover only a small portion of that. If, as Bastian has been trumpeting up in MSP, Delta is committed to its employee's pensions, then Delta needs to admit its illgotten windfall at terminating its own pilot's pensions and make the DAL pilots whole.

One suggestion might be a "matching fund"- i.e. money used annually to fund the NWA pilot pensions be matched for the original DAL pilots on the basis of their shortfall and added to their DC plan.

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