Benefits Outsourcing
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Verizon Buys Group Annuity and Sheds $7.5 Billion in Pension Liabilities
New York-based Verizon became the second major employer in recent months to announce such a pension plan risk-reduction strategy.
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Consultant Imagines Health Plan That May Cut Corporate Costs
Each participating company would pitch in to implement and maintain the network, with the cost likely to be based on a subscription model, including the number of participating employees and retirees and how much their medical care costs.
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Plan Sponsors Plot Their ‘De-Risking' of Defined Benefits
According to a December 2011 study by Mercer and CFO Research Services, 59 percent of 192 senior-level financial executives surveyed say their defined benefit pension plan poses at least a moderate risk to their companies' short-term financial performance.
