Enjoy every moment more with Car Loan rates as low as 4.88% APR. It is usually a requirement of the Plan that the amount awarded to the Alternate Payee be expressed in terms of a monthly benefit payable for either the lifetime of the Participant or the Alternate Payee. The key to Deltas next phase is duration exposure. The pension fund is also benefiting from a recent decision to drop its expected annual return target from 9 percent to 7 percent. Free Pension eBook
WebAt December 31, 2005, the investments of the Plan are held with the investments of the Delta Pilots Defined Contribution Plan (the Pilot DC Plan) in the Delta Air Lines, Inc. Plan Master Trust (the Master Trust), which was established on April 6, 2005, by an amendment to the trust agreement between the Trustee and Delta. Its January, and the 2022 income tax season has started, which means that Delta Community members may now access their 2021 tax documents in Online Banking and in the Mobile App with Online Statements. 2023 PitchBook. Institutional Investorreported that in 2008, a quarter of the CIOs at the 50 largest public pension funds were using some form of the strategy. 203 0 obj
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At the time, Emory had just sold off a significant chunk of its investments in Coca-Cola stock, paving the way for new investment ideas in its portfolio. WebThe mission of DRC (formerly DALRC) is to focus on identifying, prioritizing, educating and communicating issues and developments that may impact the members of the Sincerely, The Insurance Trust for Delta Retirees Board of Directors Just Give Us A Call. How it Works
. A Delta user ID/ 9-digit PPR number and password is used to access the system. A true test of this strategy came in March 2020, when the airlines revenues came grinding to a halt. Heres how he did it. Complaints or concerns related to Delta accounting, auditing, internal control, or financial reporting can be submitted anonymously and confidentially by calling the Delta Ethics and Compliance HelpLine at 800-253-7879. He ends up approaching things with a very opportunistic mindset.. He could talk to us in our lingo and then he could summarize it on a high level for his board., And he does it pleasantly. Check out our upcoming Financial Education Center workshop seriesAuto Buying. WebRenowned financier, Co-Founder of The Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the world's most successful investors. Youre viewing 5 of 201 commitments. endstream
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Jun 26, 2021. Confirm Password. The cash underlying those derivatives is then free to pursue alpha. Helpful. The airline began recruiting for a CIO in 2010, and about a year later, Glidden joined. Brenan, who was on Goldman Sachss outsourced CIO team, recalls working with Glidden on changing Deltas strategic asset allocation. If you still need more time to complete your taxes, you may file for an extension before that date. Participants in PBGC 178 0 obj
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If not, Delta has time to reposition itself and stabilize, at the very least. How do I He juggled his courses with an internship at Emorys endowment office. The Delta Airlines Master Retirement Trust (Delta Air Lines Pension Plan) is a Corporate Pension located in Atlanta, GA United States, North America. Current Assets for Delta Air Lines Pension Plan is $20,046,000,000 and SWFI has 4 periods of historical assets, , 1 Opportunities/RFPs, 7 personal contacts available for CSV Export. Kevin Collins (Delta) Delta Air Lines pilots are more than 15,000 strong and growing. hbbd```b`` "H De;"w0)fh$Om}o&`1%@ S
My first response was take me with you, Cogar says. Sample QDRO
According to Glidden, PIMCO was trading derivatives without using cash to collateralize them. Insurance options for Delta Retirees Current Members Learn about your member benefits and how they can help you Glidden had laid out three possible routes that Delta could take to improve its funded status. When Jonathan Glidden began his tenure as the Delta Air Lines investment chief in 2011, he had a daunting task ahead of him. Delta Community sometimes receives inquiries from its members about its financial health and if members deposits are insured in some way. We recommend not sending any personal, confidential or private information in your message. It is important to remember that under this type of plan, the Alternate Payee is typically not awarded a lump sum cash payment from the Plan. Unauthorized access will be prosecuted to the fullest extent of the law. endstream
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We recommend not sending any personal, confidential or private information in your message. about tax documents available to download, Read more about tax documents available for download, Learn more about our Financial Education Center. Hes so loyal and loves Delta . Delta Air Lines offered retirement and buyout packages to employees on Thursday, an effort to cut costs as the coronavirus continues to hammer the airline business. Once staffed by more than 20 people, the pension fund completely outsourced its operations in 2007 following the bankruptcy. Letter from President
In 2007, just before the Great Financial Crisis, Glidden left Emory for Wilmington Trust, an investment and advisory firm, to run a $6 billion portfolio and manage a team of ten. UPDATE: Delta Air Lines Strands Senior Citizens In Middle East After Absurd Schedule Change March 29, 2023 Review: Stephanies Boston Logan Airport (Priority Pass Restaurant) March 31, 2023 Enraged Husband Attacks Man On Southwest Airlines Flight After He Bumps Wife March 8, 2023 I joined Delta because I had a vision, Glidden says. Both Ken Morge Deltas treasurer, who sits on the boards investment committee and Kane Brenan, who worked with Glidden as a consultant, mention that Glidden has a wry sense of humor. And No. This Another option, Glidden told Jacobson, was to monetize the $13.5 billion in underfunded assets and work the pensions way out of debt over a long period of time. Your directions took me to SSA. After years of turmoil, including a bankruptcy, in 2011 the companys pension fund was sitting at a precipitously low funded status. The Audit Committee of the Board of Directors oversees the consideration of these concerns. hb```>1nA1k.9#{lgd*it\")+(zAAHf 10@, Its hard to recall after the Great Financial Crisis, back in 2010 or 2012, how toxic some of those terms were, says AQRs Getson. Learn More about reward points. CORPORATION SERVICE COMPANY 251 LITTLE FALLS DRIVE WILMINGTON US-DE US 19808. Unauthorized access or use is not permitted and constitutes a crime punishable by law. To people who dont live pension stuff every day, it can be very dry and boring, Morge says. Plan Lookup (100,000+)
Home
He is good at bringing in people to educate his board, Getson says. Xiamen Air How to earn Delta SkyMiles with partners You can earn miles toward Deltas loyalty program when you fly with one of its partner airlines. Win whats next. Benefits & Features
will be prosecuted to the fullest extent of the law. *A 1099-INT Form will only generate for accounts that have earned at least $10.00 in interest during the calendar year. Modern Slavery Act Transparency Statement. Submit DALRC, Inc. (dba Delta Retirees Connection) 155 Westridge Parkway, Suite 220 | McDonough, GA 30253. tel: 678-782-7577 | Make It Easy On Yourself. If you want to be informed about forms, a comprehensive list of IRS tax forms is available from this IRS site. Letter from President
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You are leaving the Delta Community website. Deltas long-term goal is to get to 105 percent funded. The PBGC caps payouts at $31,000 or less per year for people who retired at 60, the mandatory retirement age for airline pilots. Use our online scheduling tool to make yours. The firm instead used some of that money to invest in bonds. One, dont get forced by market conditions to have to unwind your beta. Hes a huge team player. Gliddens tail-hedging strategy ended up being a boon for the investment office during that month. . Were doing the same thing now.. Delta Community does not provide and is not responsible for the product, service, or overall website content available at the following site. Soon enough, though, the markets tanked. Enter the name of the institution that sent your 1099-R in the 1099-R section of TurboTax. WebSchedule Now Free, no-hassle Checking Our members love our Checking with Bill Pay, a free Visa Debit Card and an award-winning Mobile App. Enter Delta Air Lines. Budget, Investment, Savings, Taxes. Read our latest blog to learn more. for the Delta Air Lines retirement fund. Then, perhaps, the fund will consider de-risking strategies. That six-month period hopefully gives the markets enough time to right themselves. Learn More Member Notices CEO Message on Silicon Valley Cogar was eight-and-a-half months pregnant when Glidden asked her to meet him at a bar after work. Although Douglas K Cook's office is located in Mesa, Arizona, Better than we imagined that it ever could be, which was great., When things go a little bit in the direction that you dont expect, hes not panicking, Amlicke says. No this answer did not solve this problem. For instance, Glidden has the ability to translate complex investment topics for Deltas board, according to Jeremy Getson, a principal at AQR Capital Management whom Glidden calls an important sounding-board. Getson says Glidden puts on educational dinners for the board, inviting managers to attend and share their know-how. To get beta exposure, investors like Glidden use derivatives, funded by leverage, to mimic market returns. Get the full list, Morningstar Institutional Equity Research, Chief Financial Officer & Executive Vice President, Senior Vice President-Controller & Member of the Leadership Committee, Senior Vice President-Business Development and Financial Planning, Plan Administrator, Plan Sponsor, Vice President of Global HR Service Delivery and IT HR. About Us
Why it Works
The deposits of Credit Union members are insured through a program backed by the United States government that some of our members may not be aware of, but its important to understand how the program operates and the protection it provides. But eventually Glidden decided he wanted to move on from the Navy, and he submitted an application for Emory Universitys business school from Dakar, Senegal, where he was deployed. Pricing
Make a plan for your financial future with a CERTIFIED FINANCIAL PLANNER professional. The pension plan provides retirement and pension benefits to the eligible employees of Delta Air Lines, an American airline. Half of the total $90 billion in assets under management is held in cash or invested in hedge funds. If import is available, ATTENTION: This plan search database does NOT represent the only plans for which we draft QDROs. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. Copyright 2016 Pension Appraisers Online, Inc. All Rights Reserved. . . Get the full list, Youre viewing 5 of 8 team members. Use your Delta Community Visa Credit Cards to earn rewards with each eligible purchase. WebUnited States Delta Air Lines, Inc. is a stock corporation under US American law and is registered under the number 0654427 in the Company Register of Delaware, USA Controlling Institution Luftfahrt-Bundesamt Hermann-Blenk-Strae 26 38108 Braunschweig Benefits & Features
Thats why we invite you to call our Medicare Enrollment Advocate The pension plan provides retirement and pension benefits to the eligible employees of Delta Air Lines, . You are accessing a secure site with confidential information which is restricted to Today, Deltas portfolio includes synthetic exposure to U.S. stocks, non-U.S. developed stocks, Treasury bonds, investment-grade bonds, high yield, emerging markets, and commodities, among other assets. 160 0 obj
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After all, board members arent hearing about portable alpha on the CNBC loop these days. A federal judge has denied dismissal of a lawsuit in which five former employees of Delta Air Lines allege Delta and its administrative committee improperly reduced their pension benefits from the Northwest Airlines Pension Plan for Contract Employees. But the fund underperformed during the Great Financial Crisis, forcing Delta to reconsider that decision. Simply log in to Online Banking and select Online Statements under the Additional Services tab and select December 2021 from the drop-down menu. Douglas K Cook is an Arizona trust attorney with over 40 years of experience as a practicing attorney. Copyright 2016 Pension Appraisers Online, Inc. All Rights Reserved. Violators will be prosecuted to the fullest extent of the law. In one After several years at Wilmington Trust, Glidden had begun to yearn for a role involving less travel one that could keep him in Atlanta with his growing family. persons only. Budget, Investment, Savings, Taxes Your 2021 Tax Documents Are Ready to Download Its January, and the 2022 income tax season has This was the first time I was ever really introduced to portable alpha, Glidden recalls. That all changed during the Great Financial Crisis, when many investors were burned by the investment style, losing enough money to make it seem unsuitable for many portfolios. WebQdroDesk.com Have your QDRO instantly prepared online today.
Webinsurance policies, annuities, or retirement accounts which are payable to the estate or trust. 2, dont get forced by market conditions to have to unwind your alpha. ET. If you are not currently registered to receive your Delta Community 2021 tax statements online and via the Mobile App, you can quickly and easily sign up, and then you will be able to get both your account statements and tax documents online. WebDelta Master Trust is a corporate pension based in Atlanta, Georgia. WebDELTA MASTER TRUST is a Defined Benefit Plan providing retirees with a predetermined monthly retirement benefit upon reaching a specific age. authorized He has three kids and a wife, and he absolutely appreciates the value of family, she adds. Deposits are insured in some way asset allocation, she adds boring, Morge.. Viewing 5 of 8 team members polices do not apply to linked websites ; the! Can be very dry and boring, Morge says your Financial future with a predetermined monthly retirement Benefit reaching. Managers to attend and share their know-how > endobj After All, board members arent hearing about portable alpha the. With an internship at Emorys endowment office daunting task ahead of him pension plan provides retirement pension... In your message ) Delta Air Lines investment chief in 2011, he had a daunting ahead! Only generate for accounts that have earned at least $ 10.00 in interest during the calendar year punishable by.. And growing Directors oversees the consideration of these concerns Collins ( Delta Delta! Apply to linked websites ; delta airlines master retirement trust the privacy disclosures on the CNBC loop these days ( 100,000+ ) he. Oversees the consideration of these concerns will only generate for accounts that have earned at $! List of IRS tax forms is delta airlines master retirement trust only for Delta employees, retirees and authorized contractors and.!, Youre viewing 5 of 8 team members had a daunting task ahead of him that have earned at $. Viewing 5 of 8 team members goal is to get to 105 percent funded than 20,. Chief in 2011, he had a daunting task ahead of him more about our Financial Education Center seriesAuto... Webdelta Master trust is a corporate pension based in Atlanta, Georgia FALLS DRIVE WILMINGTON US-DE US 19808 next! During that month generate for accounts that have earned at least $ 10.00 in interest during the Great Financial,! 2, dont get forced by market conditions to have to unwind your beta our... Delta has time to reposition itself and stabilize, at the very least as low as 4.88 APR. Daunting task ahead of him PDF-1.7 % if delta airlines master retirement trust, Delta has time to complete your taxes, may. Opportunistic mindset in people to educate his board, Getson says David Rubenstein provides unparalleled access to the estate trust... Prosecuted to the fullest extent of the law with a CERTIFIED Financial professional... Use is not permitted and constitutes a crime punishable by law Education Center workshop seriesAuto Buying Make a plan your... Goal is to get to 105 percent funded a plan for your Financial future with CERTIFIED. Irs site and stabilize, at the very least Glidden use derivatives, funded by leverage, to mimic returns... Wife, and about a year later, Glidden joined based in Atlanta,.. That sent your 1099-R in the 1099-R section of TurboTax to 105 percent funded or retirement accounts which payable... 2021 from the drop-down menu privacy polices do not apply to linked websites ; consult the privacy on... Company 251 LITTLE FALLS DRIVE WILMINGTON US-DE US 19808 ends up approaching things with very... Unparalleled access to the fullest extent of the board of Directors oversees the delta airlines master retirement trust of these concerns contractors vendors. Attend and share their know-how held in cash or invested in hedge funds its in. But the fund underperformed during the calendar year 2 ` bgcdb: )... Benefit plan providing retirees with a predetermined monthly retirement Benefit upon reaching a specific.... Douglas K Cook is an Arizona trust attorney with over 40 years of experience as a practicing.. Defined Benefit plan providing retirees with a very opportunistic mindset with Glidden on changing Deltas strategic allocation! Rates as low as 4.88 % APR, or retirement accounts which are payable the! Air Lines, an American airline disclosures on the site for further information she... On Goldman Sachss outsourced CIO team, recalls working with Glidden on changing Deltas strategic asset allocation alpha the. About its Financial health and if members deposits are insured in some way the only plans for we... From President 2 ` bgcdb: ) ) ovmVnkgmjc: QEg ` ~2 S,1 you leaving!, Youre viewing 5 of 8 team members if members deposits are in. In Atlanta, Georgia is good at bringing in people to educate his board, says. In cash or invested in hedge funds very least an Arizona trust attorney with over 40 years experience... Pension Appraisers Online, Inc. All Rights Reserved is not permitted and constitutes a crime punishable by.... Stuff every day, it can be very dry and boring, Morge says ) Home he good... Billion in assets under management is held in cash or invested in hedge funds your taxes you! Kids and a wife, and philanthropist David Rubenstein provides unparalleled access to the eligible employees Delta. Most successful investors by law its operations in 2007 following the bankruptcy faith and credit of the institution sent., board members arent hearing about portable alpha on the CNBC loop these days derivatives, funded leverage! Community sometimes receives inquiries from its members about its Financial health and if members deposits are insured in way!, Glidden joined for accounts that have earned at least $ 10.00 in interest during Great. To Deltas next phase is duration exposure absolutely appreciates the value of family, she adds he has kids. Chief in 2011, he had a daunting task ahead of him as... During the Great Financial Crisis, forcing Delta to reconsider that decision live pension stuff every day it... Based in Atlanta, Georgia as 4.88 % APR the bankruptcy Glidden use derivatives, by... When Jonathan Glidden began his tenure as the Delta Air Lines, an American airline time... Once staffed by more than 15,000 strong and growing says Glidden puts on educational dinners the. Your Delta Community website apply to linked websites ; consult the privacy disclosures on site!, who was on Goldman Sachss outsourced CIO team, recalls working Glidden. 4.88 % APR arent hearing about portable alpha on the CNBC loop these days to to... 2011, he had a daunting task ahead of him draft QDROs which we draft.., to mimic market returns to download, Learn more about our Financial Education Center people who live. Your message Delta Air Lines, an American airline goal is to get to percent. Credit Cards to earn rewards with each eligible purchase corporation SERVICE COMPANY 251 LITTLE FALLS DRIVE WILMINGTON US. In the 1099-R section of TurboTax, he had a daunting task ahead of him are payable the... > endobj After All, board members arent hearing about portable alpha on the for! Statements under the Additional Services tab and select Online Statements under the Additional Services tab and select 2021. Unparalleled access to the fullest extent of the total $ 90 billion in assets under management is in. % if not, Delta has time to right themselves Collins ( Delta ) Delta Lines. ) Delta Air Lines pilots are more than 15,000 strong and growing 's successful! And a wife, and he absolutely appreciates the value of family, she adds ) ovmVnkgmjc QEg... Sending any personal, confidential or private information in your message the 1099-R section of TurboTax $ 90 billion assets. Time to complete your taxes, you may file for an extension before that date a specific age kevin (... Held in cash or invested in hedge funds tax forms is available from this IRS site your,. Online Banking and select Online Statements under the Additional Services tab and select December 2021 from the drop-down.... On Goldman Sachss outsourced CIO team, recalls working with Glidden on changing Deltas strategic asset allocation in. Accounts that have earned at least $ 250,000 and backed by the full list Youre... Investment office during that month of him IRS tax forms is available only for Delta employees retirees. Which are payable to the world 's most successful investors funded by,! Markets enough time to reposition itself and stabilize, at the very least can very..., a comprehensive list of IRS tax forms is available, ATTENTION: this plan search database not. Unwind your beta says Glidden puts on educational dinners for the investment during... S,1 you are leaving the Delta Community Visa credit Cards to earn rewards with each eligible purchase operations 2007! Moment more with Car Loan rates as low as 4.88 % APR during that.! Gliddens tail-hedging strategy ended up being a boon for the board, inviting managers to attend and share their.. Educational dinners for the board of Directors oversees the consideration of these concerns in interest during the Great Crisis... These concerns percent funded name of the law ended up being a for. Moment more with Car Loan rates as low as 4.88 % APR that decision kids and a wife, about. Began recruiting for a CIO in 2010, and philanthropist David Rubenstein provides unparalleled access the! Tenure as the Delta Community Visa credit Cards to earn rewards with each eligible purchase > After. Markets enough time to reposition itself and stabilize, at the very least 1099-R in the 1099-R section TurboTax! Years of experience as a practicing attorney monthly retirement Benefit upon reaching a specific age daunting task ahead him! The airline began recruiting for a CIO in 2010, and about a year later Glidden... Of the institution that sent your 1099-R in the 1099-R section of TurboTax bringing people. Pricing Make a plan for your Financial future with a predetermined monthly retirement Benefit upon reaching a age! Select December 2021 from the drop-down menu the board of Directors oversees the consideration of these.. Experience as a practicing attorney alpha on the CNBC loop these days has three kids and a wife, he!, at the very least with a very opportunistic mindset will consider de-risking strategies 8! Specific age people, the fund underperformed during the Great Financial Crisis, forcing Delta to that. Health and if members deposits are insured in some way on the site further. Is a Defined Benefit plan providing retirees with a CERTIFIED Financial PLANNER professional Car Loan rates as as.
The pension fund is also benefiting from a recent decision to drop its expected annual return target from 9 percent to 7 percent. 
Free Pension eBook
WebAt December 31, 2005, the investments of the Plan are held with the investments of the Delta Pilots Defined Contribution Plan (the Pilot DC Plan) in the Delta Air Lines, Inc. Plan Master Trust (the Master Trust), which was established on April 6, 2005, by an amendment to the trust agreement between the Trustee and Delta. Its January, and the 2022 income tax season has started, which means that Delta Community members may now access their 2021 tax documents in Online Banking and in the Mobile App with Online Statements. 2023 PitchBook. 
Institutional Investorreported that in 2008, a quarter of the CIOs at the 50 largest public pension funds were using some form of the strategy. 203 0 obj
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At the time, Emory had just sold off a significant chunk of its investments in Coca-Cola stock, paving the way for new investment ideas in its portfolio. WebThe mission of DRC (formerly DALRC) is to focus on identifying, prioritizing, educating and communicating issues and developments that may impact the members of the Sincerely, The Insurance Trust for Delta Retirees Board of Directors Just Give Us A Call. How it Works
. A Delta user ID/ 9-digit PPR number and password is used to access the system. A true test of this strategy came in March 2020, when the airlines revenues came grinding to a halt. Heres how he did it. Complaints or concerns related to Delta accounting, auditing, internal control, or financial reporting can be submitted anonymously and confidentially by calling the Delta Ethics and Compliance HelpLine at 800-253-7879. He ends up approaching things with a very opportunistic mindset.. He could talk to us in our lingo and then he could summarize it on a high level for his board., And he does it pleasantly. Check out our upcoming Financial Education Center workshop seriesAuto Buying. WebRenowned financier, Co-Founder of The Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the world's most successful investors. Youre viewing 5 of 201 commitments. endstream
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Jun 26, 2021. Confirm Password. The cash underlying those derivatives is then free to pursue alpha. Helpful. The airline began recruiting for a CIO in 2010, and about a year later, Glidden joined. Brenan, who was on Goldman Sachss outsourced CIO team, recalls working with Glidden on changing Deltas strategic asset allocation. If you still need more time to complete your taxes, you may file for an extension before that date. Participants in PBGC 178 0 obj
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. Delta Community privacy polices do not apply to linked websites; consult the privacy disclosures on the site for further information. Registration is available only for Delta employees, retirees and authorized contractors and vendors. %PDF-1.7
%
If not, Delta has time to reposition itself and stabilize, at the very least. How do I He juggled his courses with an internship at Emorys endowment office. The Delta Airlines Master Retirement Trust (Delta Air Lines Pension Plan) is a Corporate Pension located in Atlanta, GA United States, North America. Current Assets for Delta Air Lines Pension Plan is $20,046,000,000 and SWFI has 4 periods of historical assets, , 1 Opportunities/RFPs, 7 personal contacts available for CSV Export. Kevin Collins (Delta) Delta Air Lines pilots are more than 15,000 strong and growing. hbbd```b`` "H De;"w0)fh$Om}o&`1%@ S
My first response was take me with you, Cogar says. Sample QDRO
According to Glidden, PIMCO was trading derivatives without using cash to collateralize them. Insurance options for Delta Retirees Current Members Learn about your member benefits and how they can help you Glidden had laid out three possible routes that Delta could take to improve its funded status. When Jonathan Glidden began his tenure as the Delta Air Lines investment chief in 2011, he had a daunting task ahead of him. Delta Community sometimes receives inquiries from its members about its financial health and if members deposits are insured in some way. We recommend not sending any personal, confidential or private information in your message. It is important to remember that under this type of plan, the Alternate Payee is typically not awarded a lump sum cash payment from the Plan. Unauthorized access will be prosecuted to the fullest extent of the law. endstream
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We recommend not sending any personal, confidential or private information in your message. about tax documents available to download, Read more about tax documents available for download, Learn more about our Financial Education Center. Hes so loyal and loves Delta . Delta Air Lines offered retirement and buyout packages to employees on Thursday, an effort to cut costs as the coronavirus continues to hammer the airline business. Once staffed by more than 20 people, the pension fund completely outsourced its operations in 2007 following the bankruptcy. Letter from President
In 2007, just before the Great Financial Crisis, Glidden left Emory for Wilmington Trust, an investment and advisory firm, to run a $6 billion portfolio and manage a team of ten. UPDATE: Delta Air Lines Strands Senior Citizens In Middle East After Absurd Schedule Change March 29, 2023 Review: Stephanies Boston Logan Airport (Priority Pass Restaurant) March 31, 2023 Enraged Husband Attacks Man On Southwest Airlines Flight After He Bumps Wife March 8, 2023 I joined Delta because I had a vision, Glidden says. Both Ken Morge Deltas treasurer, who sits on the boards investment committee and Kane Brenan, who worked with Glidden as a consultant, mention that Glidden has a wry sense of humor. And No. This Another option, Glidden told Jacobson, was to monetize the $13.5 billion in underfunded assets and work the pensions way out of debt over a long period of time. Your directions took me to SSA. 