Unisys Transfers Approximately $200 Million of Its U.S. Defined Benefit Pension Obligations to F&G Through the Purchase of Group Annuity Contracts
April 02, 2024
April 02, 2024
BLUE BELL, Pennsylvania, April 2 -- Unisys, a technology solutions company, issued the following news release on April 1, 2024:
Unisys (NYSE: UIS) today announced it closed agreements with F&G Annuities & Life, Inc. ("F&G") on March 28th to purchase group annuity contracts totaling almost $200 million using plan assets. Unisys will transfer projected benefit obligations valued at a similar amount related to certain retirees under one of the company's U.S. quali . . .
Unisys (NYSE: UIS) today announced it closed agreements with F&G Annuities & Life, Inc. ("F&G") on March 28th to purchase group annuity contracts totaling almost $200 million using plan assets. Unisys will transfer projected benefit obligations valued at a similar amount related to certain retirees under one of the company's U.S. quali . . .