MetLife Assumes Post-Retirement Life Insurance Liabilities For 8,000 Avaya Retirees
Using existing plan assets, Avaya, through its Post Retirement Life Insurance Benefits Trusts, purchased retiree life insurance buyout contracts from
“With this transaction, we look forward to continuing our long-term relationship with Avaya and providing security to their retirees,” said
Avaya was advised on the deal by
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Forward-Looking Statements
The forward-looking statements in this news release, which contain words such as “will” and “look forward” are based on assumptions and expectations that involve risks and uncertainties, including the “Risk Factors”
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