Corrections: The 102 public funds participating in a survey commissioned by the National Association of State Retirement Administrators and the National Council on Teacher Retirement collectively pre-funded more than 86% of their future liabilities. An incorrect figure was published in the Aug. 31 P&I Daily.
Delta Air Lines' pilots pension plan has $1.7 billion in assets and is underfunded by roughly $3 billion, of which the PBGC is responsible for $913 million, said Jeffrey Speicher, PBGC spokesman. Asset amounts were incorrectly reported in the Sept. 5 P&I Daily.
