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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
A new survey of 2,000 U.S. retirees released by Schroders found 68% are concerned about outliving their assets, and less than half (44%) believe they have saved enough. The report stated that the ...
Delta TechOps (Technical Operations) is the maintenance, repair and overhaul (MRO) division of Delta Air Lines, headquartered at Hartsfield-Jackson International Airport in Atlanta, Georgia. [1] With more than 9,600 employees and 51 maintenance stations worldwide, Delta TechOps is a full-service maintenance provider for the more than 900 ...
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Now, though, retiree pension benefits could be at risk for the first time in decades. As a recent Wall Street Journal report explained, unions and employers have gotten together to recommend ...
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The Association of Professional Flight Attendants (APFA) was founded in 1977 and represents over 28,000 flight attendants at American Airlines.In 2003, APFA played a major role [citation needed] in keeping American Airlines solvent and out of bankruptcy by giving back an employee bailout of $340 million in annual salary and benefits, for a total of over $3 billion.