“While anecdotal evidence suggests that the number of frozen pension plans has increased since 2003, reports of a mass exodus from the defined-benefit pension system appear to be overstated.”
Bradley Belt
“While anecdotal evidence suggests that the number of frozen pension plans has increased since 2003, reports of a mass exodus from the defined benefit pension system appear to be overstated.”
“fails to take into account a number of key provisions that strengthen overall pension plan funding.”
John Boehner
“We'll continue to work together with ALPA and Delta active and retired employees to try to save Delta's pension plan.”
Chris Kelly
“Ratification of this replacement pension plan ends our yearlong fight in the courts, on Capitol Hill and at the bargaining table. Our persistence and solidarity more than doubled the company's original proposal to provide a foundation of retirement security upon which we will build when we share in our airline's success.”
Greg Davidowitch
“We believe that the conversion of the pension plan was done properly. We are still looking at the lawsuit, reviewing it, but we will be ready to address it as the suit moves forward.”
Randy Wheeless
“There has not been a major airline which has gone through bankruptcy without terminating its pension plans.”
Douglas Elliott
