- United Air Lines Pension Plans
Several defined benefit plans of United Airlines hired IFS to act as Independent Fiduciary regarding funding and contribution matters. The U.S. Department of Labor was actively involved in finalizing the terms of our role as Independent Fiduciary.
- ARINC Pension Plan
The defined benefit pension plan of this major airline communication firm hired IFS as an Independent Fiduciary to decide whether and on what terms to accept an excess contribution of the company's headquarters and to lease back the property to the company. IFS recently submitted a report to the U.S. Department of Labor in support of an ERISA prohibited transactions exemption to permit the contribution and leaseback.