"[T]he cost of purchasing annuities for retirees remained relatively level over August 2013, with only a small increase from 108.7% to 108.8% of the accounting liability. The economic cost of retaining the retirees also remained relatively level, but showed a small decrease from 108.2% to 108.1% of the accounting liability.... The retiree buyout cost relative to the economic cost of retaining the liabilities therefore increased slightly during August but continues to be low at approximately 70 basis points indicating that buyout premiums are potentially attractive for sponsors when compared with all-in retention costs[.]"

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