Sysco buying annuity to transfer $700 million in U.S. pension liabilities

Retrieved on: 2022-10-25 17:07:16

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Sysco buying annuity to transfer $700 million in U.S. pension liabilities. View article details on hiswai:

Excerpt

The annuity contract transfers the responsibility of paying benefits to about 10,000 retirees and beneficiaries to MassMutual effective Jan.

Article found on: www.pionline.com