Firm says market for pension de-risking is expanding at its fastest pace in years.
Company also makes $100 million pension contribution.
Report finds pubic pensions are hunkering down as corporate pensions are winding down.
CIO also made it clear there will be no new investments in oil and gas-related commodity funds.
The pension insurance buy-ins cover communication giant’s five pension plans.
Report finds improving funded levels are making de-risking moves more affordable.
De-risking measures prep for possible market shock.
Newspaper publishers de-risk a combined $268.5 million.