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Stelco Inc. is de-risking one of its defined benefit pension plan with a $1.3 billion annuity buy-in. The deal, which covers more than 7,000 United Steelworkers members and beneficiaries employed at the company’s Hamilton, Ont.-based plant, was completed in May with Brookfield Annuity Co. and Sun Life Financial Inc. Read: Stelco workers, retirees learn fate of […]

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Canada , ,Stelco ,Financial Services Regulatory Authority Of Ontario ,Financial Services Commission Of Ontario ,Morneau Shepell Ltd ,Lifeworks Inc ,Financial Services Regulatory Authority ,Financial Services Commission ,Morneau Shepell ,United Steelworkers ,Benefits Canada ,

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