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  2. The VP in charge of Delta’s employee benefits says ... - AOL

    www.aol.com/finance/vp-charge-delta-employee...

    Employees received an extra 10.4% of their total earnings in 2023 as part ... The VP in charge of Delta’s employee benefits says that their choice to pay out $1.4 billion to workers is all about ...

  3. Delta’s CEO just paid out $1.4 billion to his employees. Here ...

    www.aol.com/finance/delta-ceo-just-paid-1...

    Delta rolled out a profit-sharing model in 2007 and it gave employees a financial cushion when company money was tight. It’s a benefit they’ve continued since a brief pause in 2020.

  4. Delta paying $1.4 billion in profit sharing payments to employees

    www.aol.com/delta-paying-1-4-billion-152129106.html

    February 14, 2024 at 4:18 PM. Charly Triballeau/AFP/Getty Images. Delta Air Lines is paying out $1.4 billion in profit sharing, more than double what it paid employees a year ago. The payments ...

  5. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon time in service. Unlike other retirees, U.S. military retirees are ...

  6. Gerald Grinstein - Wikipedia

    en.wikipedia.org/wiki/Gerald_Grinstein

    Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. He became CEO of Delta in 2004, a time of financial crisis for the airline.

  7. Los Angeles County Employees Retirement Association

    en.wikipedia.org/wiki/Los_Angeles_County...

    LACERA was established on January 1, 1938, following passage of the County Employees Retirement Law of 1937 (CERL), which mandates LACERA to pay for the defined retirement benefits of Los Angeles County employees and their beneficiaries. In 1971, LACERA began administering a retiree healthcare benefits program. Management

  8. Employee Retirement Income Security Act of 1974 - Wikipedia

    en.wikipedia.org/wiki/Employee_Retirement_Income...

    The Employee Retirement Income Security Act of 1974 ( ERISA) ( Pub. L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry. It contains rules on the federal income tax effects of transactions ...

  9. Market Minute: Delta Shares Set to Soar; IBM Retires Retiree ...

    www.aol.com/on/delta-airlines-shares-rise-ibm...

    Shares of Delta could take off, and major changes are coming to retirement benefit programs at three of the nation's biggest companies. Those stories and more are what's in Monday's Market Minute.

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