“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.”
“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.”
“We agreed to reduce our proposal and make improvements to the overall package recognizing the likelihood the pilot pension plan would be terminated.”
“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.”
“The best way to protect a pension plan is make sure the companies have the financial wherewithal to continue to operate.”
“We'll continue to work together with ALPA and Delta active and retired employees to try to save Delta's pension plan.”
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