
Pensions
IBM De-Risks $16 Billion in Pension Obligations
Prudential, MetLife to take over responsibility for 100,000 participants and beneficiaries.
Prudential, MetLife to take over responsibility for 100,000 participants and beneficiaries.
Noradeen Farlekas replaces MMBB’s outgoing chief and longtime employee, Candace Cox.
Fund to also connect startups with Fortune 500 clients.
Reflections on his first year, de-risking, and how IBM got to the enviable position of having a fully funded plan.
Dismisses High Court’s 2015 ruling that said Project Waltz breached contractual duty with employees.