Companies Decide the Time Is Right to Offload Pensions to Insurers

Companies Decide the Time Is Right to Offload Pensions to Insurers

10/07/21

Many Americans who still have a traditional pension—the kind that pays a regular income no matter what the market does—could soon have a different company paying their benefits. U.S. companies owe current and future retirees and their beneficiaries more than $3 trillion, and many have been trying to exit the retirement business for years. Right now they have a golden opportunity to buy their way out.

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