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ERISA is a federal law that sets minimum standards for private pension and health benefit plans in the U.S. It was enacted in 1974 to protect plan participants and beneficiaries, and regulate plan fiduciaries, funding, vesting, disclosure, and benefits.
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 ...
Gerald Grinstein is an American businessman who was the CEO of Delta Air Lines from 2004 to 2007. He led the airline through bankruptcy and restructuring, and also served as the CEO of Burlington Northern Railroad from 1985 to 1995.
PBGC is a federal corporation that insures the benefits of about 35 million participants in single-employer and multiemployer pension plans. It pays monthly retirement benefits to over 800,000 retirees and has a surplus of over $37 billion as of 2022.
Learn how Delta Air Lines started as a crop-dusting company in 1925 and became a major American airline with trans-Atlantic service and a merger with Northwest Airlines. Explore the timeline of Delta's history, from its first passenger flight in 1929 to its bankruptcy and recovery in 2005.
Learn about the history, types, and trends of pensions in the USA, from veterans' benefits to Social Security to private plans. Compare qualified and non-qualified plans, public and private pensions, and multi-employer plans.
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