Asset Management Culture September 10, 2020 PBGC to Pay Pension Benefits for McClatchy Pension lifeboat takes over defined benefit plan covering 24,000 current and future retirees.
Newsmakers July 13, 2020 Under New Ownership, McClatchy Could Offload $1.4 Billion Pension Assets to PBGC The bankrupt newspaper chain’s retirement obligations propelled it into Chapter 11, but the new owner, hedge fund Chatham, will get a clean slate.