Pension Rights Center asks for moratorium on lump sum and annuity derisking

Outlet:

Pensions & Investments Daily

Date Published:

Friday, October 19, 2012

The Pension Rights Center wants Congress to impose a moratorium on derisking moves by corporate defined benefit plans, including lump-sum buyouts and annuity contracts, while the impact on retirees is studied.

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Tags: Annuities, Congress, De-risking, Lump sum, PBGC, Pension Rights Center, Plan termination, Traditional (defined benefit) pensions

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