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FedEx Corp is waging financial battles on two fronts. The delivery giant wants a more profitable contract with the U.S. Postal Service and is seeking an elusive labor deal with its pilots. How ...
Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401(k), 403(b)); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known as ...
The SIMPLE IRA is an easy way for small employers, including the self-employed, to offer employees a retirement plan. The SIMPLE IRA can be easier for an employer to set up than many 401(k) plans ...
FedEx Feeder is the branding applied to smaller FedEx Express propeller-driven aircraft that feed packages to and from airports served by larger jet aircraft. In the United States, FedEx Express operates FedEx Feeder on a dry lease program where contractors rent aircraft from FedEx to operate routes as assigned by the company. The contractor is ...
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 ...
FedEx on Friday pledged $25 million over the next five years to be used in sponsorship deals with University of Memphis athletes, a huge boost for the school's name, image and likeness ...
In the early days of FedEx, Smith had to go to great lengths to keep the company afloat. In one instance, after a crucial business loan was denied, he took the company's last $5,000 to Las Vegas and won $27,000 gambling on blackjack to cover the company's $24,000 fuel bill. It kept FedEx alive for one more week. [17]
The Cooperative and Small Employer Charity Pension Flexibility Act (H.R. 4275; Pub. L. 113–97 (text)) is a law that allows some charities, schools, and volunteer organizations to remain exempt from pension plan rules under the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code. [1] [2]