The annuity contract will be funded by assets of the retirement income plan that it terminated, and Eastman Kodak said it doesn't expect to make any cash contributions to the deal. The insurer will ...

About 3,600 employees elected to receive a lump-sum distribution of their retirement benefits in lieu of an annuity when Eastman Kodak terminated the pension program. The company settled $76 million ...

CANTON, Ohio, May 20, 2024 /PRNewswire/ -- Metallus Inc. (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, on May 15, 2024, entered into an ...

MONTREAL, May 21, 2025 /CNW/ - Yellow Pages Limited (Y:CA) (the "Company"), a leading Canadian digital media and marketing company, today announced the purchase of group annuity contracts from BMO ...

Prudential will pay future benefits under the group annuity contract starting August 1, 2024, for the remaining approximately 1,000 participants in the Salaried Pension Plan. Prudential is a highly ...

(RTTNews) - Crown Holdings, Inc. (CCK) announced on Friday that it has finalized an agreement to acquire a group annuity contract from Massachusetts Mutual Life Insurance Co. also known as MassMutual.

The plaintiff alleges that the contract’s cancellation was not made with his and the other beneficiaries’ interests in mind, but rather to improve the parent/subsidiary companies’ financial positions ...

Lincoln was recognized for its best-selling registered indexed-linked annuity (RILA), Lincoln Level Advantage ®, which also earned the award in 2019 and 2021. The “Best Variable Index Annuity Carrier” ...

CINCINNATI, Nov. 6, 2018 /PRN ewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has entered into an agreement with Massachusetts Mutual Life Insurance Company ("MassMutual") to purchase a group ...