ATI retirees balk at pension changes

Some ATI retirees fear they’ve lost a pension guarantee after recent changes by the specialty metals company. ATI purchased group annuity contracts from New York-based Athene Annuity and Life Co. and Athene Annuity & Life Assurance Co., transferring about 85% of its U.S.-qualified defined-benefit pension plan obligations, ATI spokeswoman Natalie

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