Pensions
ATI to De-Risk Nearly $1.8B in Pension Obligations
The firm will transfer 85% of its U.S. defined benefit plan obligations to Athene through annuity contracts.
The firm will transfer 85% of its U.S. defined benefit plan obligations to Athene through annuity contracts.
NCPERS publishes new metrics to evaluate the sustainability of state and local funds.
Society of Actuaries director hints at opioid crisis, societal issues as cause.
Insurer Prudential will now carry the retirement obligations of 13,000 Raytheon members and beneficiaries.
State pension liabilities claim £4 trillion.
Cause linked to unreported debt, unrealistic return expectations.
On average, 1% drop in investment return assumption will bring about 11% increase in total pension liabilities.
Deficit drops to $247 billion from $275 billion.