Delta Airlines 2008 Annual Report Download - page 115

Table of Contents
Index to Financial Statements
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Postretirement Healthcare Plans. We sponsor healthcare plans that provide benefits to eligible retirees and their dependents who are under age 65.
During bankruptcy, we generally eliminated company-paid post age 65 healthcare coverage, except for (1) limited subsidies available to a limited group of
retirees and their dependents and (2) a group of retirees who retired prior to 1987 and receive lifetime company-paid medical and dental benefits. Benefits
under these plans are funded from our current assets and are subject to co-payments, deductibles and other limits as described in the plans.
Postemployment Plans. We provide certain other welfare benefits to eligible former or inactive employees after employment, but before retirement,
primarily as part of the disability and survivorship plans. These disability and survivorship plans provide benefits to substantially all Delta employees and
Northwest pilots as a result of a participant's death or disability.
SFAS 158. On December 31, 2006, we adopted the recognition and disclosure provisions of SFAS No. 158 "Employers Accounting for Defined Benefit
Pension and Other Postretirement Plans, an amendment of SFAS Nos. 87, 88, 106, 132(R)" ("SFAS 158"). SFAS 158 required that we recognize the funded
status of our defined benefit pension plans, other postretirement plans, and certain of our postemployment plans on our Consolidated Balance Sheet as of
December 31, 2006. Because the requirement to measure the funded status of a plan as of our year-end was not effective for the year ended December 31,
2006, we continued to measure our benefit plans with a September 30 measurement date. As of April 30, 2007, we adopted the provision requiring year-end
measurement, which eliminated our early measurement date. The impact of the elimination of our early measurement date is reflected in the table below.
F-45