Tag: International Paper
A case study on internal CIO succession, with Carol Tusch replacing Bob Hunkeler at International Paper.
The trend is mounting for corporate sponsors to shunt liabilities to insurers. But some don’t want to do that, and others can’t.
Prudential will take over the benefit obligations of 23,000 retirees.
Following the $1.3 billion group annuity purchase of 45,000 International Paper pensions, Prudential’s senior vice president and actuary shows CIO how it’s done.
The move is part of a long-term de-risking program at the company.
Despite fluctuations, the largest pension plans ended 2016 with their funded ratios little changed.