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What Will Happen With The Dalpa Pensions?  
User currently offlineDeltaL1011man From United States of America, joined Sep 2005, 9424 posts, RR: 14
Posted (6 years 1 month 3 weeks 6 days 20 hours ago) and read 2134 times:

With the NW merger coming what will happen to the pensions? Will NWA just lose it? Will the DALPA get it back?


yep.
2 replies: All unread, jump to last
 
User currently offlineBobnwa From United States of America, joined Dec 2000, 6471 posts, RR: 9
Reply 1, posted (6 years 1 month 3 weeks 6 days 19 hours ago) and read 2114 times:



Quoting DeltaL1011man (Thread starter):
With the NW merger coming what will happen to the pensions? Will NWA just lose it? Will the DALPA get it back?

NWALPA will not lose theirs and DLALPA will not get theirs back.


User currently offlineDLPMMM From United States of America, joined Apr 2005, 3592 posts, RR: 10
Reply 2, posted (6 years 1 month 3 weeks 6 days 16 hours ago) and read 2093 times:

AFAIK, both pension programs were frozen. DALPA's was turned over to PBGC. NWAPLA's were frozen and and are not taking in any more contributions. Both pilot groups are now covered by new defined contribution plans for all additional retirement benefits accrued since their respective Chapter 11 filings.

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