Insurance - HL 137 (2)

From: Bill Houseman

Date: 8/9/2012 5:48:03 PM

To: misc@pilotcommunication.net

Subject: Retiree Life Insurance

Mark

Upon realizing that the last time I checked some of my Delta Life Insurance beneficiary assignments was in 2007, I wondered if a few of my fellow retirees were also negligent in this area. A surprise was that the companies insuring us have changed. MetLife now provides Basic Life, Optional Life and Spouse Life insurance. You can choose beneficiaries for Base and Optional, but you are the beneficiary of Spouse Life.

The web site for MetLife is www.metlife.com/mybenefits and they remembered the userID/pw from 4 years ago. If you need the Group Policy number, try 50003. Their phone number for Delta retirees is 866-939-7409. Once you enter and save your beneficiaries, you must print and sign the page, and mail it to them.

Prudential covers Group Accident Life and Private Pilot Life insurance. You can choose beneficiaries for Group Accident and Private Pilot, but you must assign the same beneficiaries and the same percentages for both. The web site for Prudential is www.prudential.com/mybenefits and this is the worst web site I have visited in years. They carried over beneficiary names from the previous insurer, but not info, so you should click on each name and enter addresses, etc. The listed beneficiaries apply to both policies. You do not have to mail anything to them, and they email a copy of your beneficiary assignments to you. Their phone for Delta retirees is 877-232-3561.

If you want current copies of policies and coverage, you have to contact 800-MYDELTA, and they will mail or email copies to you. OK, now I'm good for another five years!

Bill

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From: evan gost

Date: 8/7/2012 12:07:20 AM

To: Mark Sztanyo

Subject: ALPA helps DDPSA obtain another favorable outcome

Hi Mark-

Please consider including the following release in the next PCN.

Ev

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ALPA helps DDPSA obtain another favorable outcome

The Delta Disabled Pilots and Survivors Association (DDPSA) primary function is to protect both disability and survivorship benefits under the Delta Pilots Disability and Survivorship (D&S) Plan. In 2011, DDPSA Board Members Ev Gost, Jim Haigh and Joan Greene met with ALPA representatives in Atlanta to discuss a number of concerns about the D&S Plan. Two major items on our agenda were:

1. The $60 million annual expenditure from the D&S Plan to pay for pilot sick leave and vacation pay.

2. The D&S Plan restriction upon marriage that was applicable to survivors of pilots who deceased before September 1, 2001 and before retiring from Delta. According to that restriction, survivor's benefits were terminated if the survivor married.

In negotiating the new Pilot Working Agreement, ALPA successfully eliminated the $60 million annual expenditure from the D&S Trust for pilot sick leave and vacation pay effective January 1, 2013. Additionally, ALPA recently received written confirmation that survivors, who previously were restricted from marriage, will not lose eligibility for D&S Plan survivor's benefits if the marriage occurs after July 1, 2012. Delta will be sending notices to the survivors impacted by this change.

DDPSA is very pleased that ALPA, and specifically MEC Retirement & Insurance Committee Chairman Kevin Powell, were instrumental in negotiating these two favorable changes to the D&S Plan. The elimination of the $60 million expenditure for pilot sick leave and vacation pay will reduce annual expenditures from the D&S Trust and the elimination of the "marriage penalty" will benefit a number of impacted survivors.

In conveying this information, we emphasize the following:

1. The D&S Plan will not be amended to reinstate benefits of survivors who became ineligible for benefits as a result of marriage before July 1, 2012.
2. The removal of the "marriage penalty" will be effective only for marriages that occur on or after July 1, 2012.
3. It would be prudent for survivors impacted by this change to the D&S Plan to await Delta's communication of this information before planning a wedding. Alternatively, at least get written confirmation from Delta that marriage on or after July 1, 2012 will not disturb D&S Plan survivor's benefits.

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