Lockheed Martin reduces gross pension obligation by $4.3B
Bethesda-based global security and aerospace company Lockheed Martin Corporation Monday announced it has purchased group annuity contracts from retirement services company Athene Holding Ltd.. Under the contracts, Lockheed Martin will transfer approximately $4.3 billionof its gross pension obligations and related plan assets for approximately…
This article is available to Insider Pro subscribers only.Sign in or register to be an Insider Pro and access ALL LOCKED articles.
Rising interest rates exacerbate fiscal challenges
Airline merger: Frontier sweetens offer for Spirit Airlines
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News