Tag: pension risk transfer

Raytheon is the latest large employer to enter into a group annuity transaction, transferring nearly $1 billion in benefit obligations to Prudential.

According to the text of the complaint, the action seeks to hold MetLife accountable for the company’s conversion of more than $500 million in annuitized retirement benefits, interest,...

They have until mid-September to deduct pension plan contributions at the rate of 35%; after that, the lower 21% rate kicks in.