This article examines China’s retirement age hike sparks urgency: 8 critical fixes the U.S. retirement system needs now. If you wish to skip our detailed analysis, you may go to China’s Retirement Age Hike Sparks Urgency: 5 Critical Fixes the U.S. Retirement System Needs Now Learning from China’s Retirement Age Hike With countries around the […]
Under the deal, nearly $6 billion of IBM's defined benefit pension obligations will be transferred to Prudential Insurance Company of America. A defined benefit plan guarantees a specific payout to employees upon retirement, completely funded by the employer without any contribution from the employee. The deal stipulates that, starting next year, Prudential will take full responsibility for paying out the pension benefits of nearly 32,000 participants enrolled in IBM's plan.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...