Participants had filed an administrative complaint alleging the company renounced its obligation to pay their benefits.
The mega-cap tech giants appear invincible. But things always change in the market.
Sporting good returns, Lockheed Martin’s investment chief prepped at State Street and General Electric.
The trend is mounting for corporate sponsors to shunt liabilities to insurers. But some don’t want to do that, and others can’t.
Athene will provide annuity benefits to approximately 70,000 GE retirees.
