Tag: Annuities|De-risking|Pension freeze|Pension Rights Center|Plan termination|Traditional (defined benefit) pensions
Companies Prepare To Dump Pension Plans In 2014
Will your defined benefit pension be the next to be “derisked” and then dumped? Clorox froze its defined benefit pension plan in 2011, and now it’s taking steps to prep the plan in case the fiduciary committee decides to offload it onto an insurer, according to a Clorox executive who spoke at a recent Mercer […]
