Originally Posted by DAL 88 Driver

From my perspective at DAL... No, it was stolen. We did get some claim and note money. Officially, that was a token in exchange for the massive pay cuts we took, not for loss of retirement. But most of it went tax free into our 401k and DC Plans. So, in effect, it was a boost to our "new" retirement. For me personally, I'll have to fly to age 65 to do it... but I think my 401k and DC Plan will end up providing an income in retirement comparable to what I would have had with the pension. (No guarantees, of course.) Would have been nice to have both... and to be able to retire at 60 as originally planned. But the good news is that I should still have a decent retirement.