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  2. Pension Benefit Guaranty Corporation - Wikipedia

    en.wikipedia.org/wiki/Pension_Benefit_Guaranty...

    The Pension Benefit Guaranty Corporation (PBGC) is a United States federally chartered corporation created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary ...

  3. Employee Retirement Income Security Act of 1974 - Wikipedia

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

    An Act to provide for pension reform. 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 ...

  4. Delta Air Lines, Inc. Makes Progress on Its Pension Deficit - AOL

    www.aol.com/news/delta-air-lines-inc-makes...

    Delta reduced its pension and other retirement liabilities by more than $3.5 billion last year, and there could be more improvement coming in the next few years. Delta Air Lines, Inc. Makes ...

  5. Gerald Grinstein - Wikipedia

    en.wikipedia.org/wiki/Gerald_Grinstein

    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.

  6. Why Unions Want to Cut Retiree Pension Benefits - AOL

    www.aol.com/news/2013-04-27-why-unions-want-to...

    With scores of pension plans on a path toward failing entirely, cutting pension benefits now could allow the plans to survive longer, benefiting current workers and relatively new retirees at the ...

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

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

    Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]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 ...

  8. Delta Air Lines - Wikipedia

    en.wikipedia.org/wiki/Delta_Air_Lines

    Delta Air Lines is a major airline in the United States headquartered in Atlanta, Georgia. [1] It is the United States' oldest operating airline and the seventh-oldest operating worldwide . [ 7 ] Delta, along with its subsidiaries and regional affiliates, including Delta Connection , operates over 5,400 flights daily and serves 325 destinations ...

  9. Ed Bastian - Wikipedia

    en.wikipedia.org/wiki/Ed_Bastian

    Bastian left Delta in 2005 to become senior vice president and chief financial officer at Acuity Brands. Six months later, at the request of then-Delta CEO Gerald Grinstein, he returned to the airline to serve as chief financial officer. [7] In 2007, he was appointed to president, a position he held until assuming the role of CEO in May 2016. [8]

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