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Companies with underfunded pension plans try to contain costs by buying annuities for retirees receiving modest benefits.
Legislation would set up a new office, the Pension Rehabilitation Administration, within Treasury.
Move comes as company says it will halve its dividend.
Bankrupt company's funding calculations vary widely from those of the PBGC.
Best practices are still emerging in some areas, but LRAA has caught on rapidly. Heres how we think you can do it right.
How a switch to mark-to-market pension accounting impacts key financial metrics and stakeholders.