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Propane Fuels America: Connecticut lpgasmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lpgasmagazine.com Daily Mail and Mail on Sunday newspapers.
Pension obligations of $2.8bn transferred to Athene royalgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from royalgazette.com Daily Mail and Mail on Sunday newspapers.
JCPenney Transfers $2.8 Billion in Pension Obligations to Athene swfinstitute.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swfinstitute.org Daily Mail and Mail on Sunday newspapers.
Athene Completes Significant Pension Risk Transfer Transaction with JCPenney News provided by Share this article Share this article HAMILTON, Bermuda, April 1, 2021 /PRNewswire/ Athene Holding Ltd. ( Athene ) (NYSE: ATH), a leading financial services company specializing in retirement services, announced the close of a significant pension risk transfer transaction in connection with JCPenney s 1 pension plan termination. Under the terms of the transaction, which was signed in March 2021, JCPenney transferred $2.8 billion in pension obligations to Athene. Athene s wholly-owned subsidiaries, Athene Annuity and Life Company ( AAIA ), and Athene Annuity & Life Assurance Company of New York ( AANY ), have agreed to provide annuity benefits for approximately 30,000 participants of JCPenney s pension plan who are currently receiving benefits, or will receive benefits in the future. ....