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GM Blazes New Trail with Annuitization of Pension Obligations
Pensions & Investments Link to more items from this source
[Opinion]
Aug. 20, 2012

"General Motors Co.'s annuitization of $26 billion in pension obligations should be a game-changer for corporations in the way they finance and manage defined benefit plan risk. It also could take some pressure off the fragile financial condition of the Pension Benefit Guaranty Corp. while offering a creative, alternative way to insure retirement benefits.... Companies ought to give the technique serious consideration for a number of reasons."  MORE >>

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