Delta's pilot pension plan provides employees with a monthly payout based on their salary. The airlines filed for Bankruptcy protection September 2005 and is now requesting the approval of the U.S. Bankruptcy Court and Pension Benefit Guaranty Corp., to terminate the pilot's pension plan which if approved will take effect September 2. Chief Executive Gerald Grinstein wrote in a letter to members of Congress, "Unless the pilot plan is terminated, Delta cannot successfully restructure." You may read the full article: http://money.cnn.com/2006/06/19/news/companies/delta_pension.reut/index.htm (full article) Michelle