Prudential Financial and Reinsurance Group of America to Fulfill $5.9 Billion Verizon Pension Obligations

Wednesday, 6 March 2024, 22:45

Prudential Financial (PRU) and RGA (RGA) have been selected to manage the $5.9 billion pension commitments for Verizon (VZ) retirees. The deal signifies a significant financial partnership that will impact the retirement security of many individuals. With this move, both companies are set to enhance their presence in the pension administration sector, marking a pivotal moment in the financial industry.

https://store.livarava.com/0a4f30a2-dc11-11ee-b8d6-5254a2021b2b.jpe — Prudential Financial and Reinsurance Group of America to Fulfill $5.9 Billion Verizon Pension Obligations

Prudential and RGA Secure $5.9B Verizon Pension Deal

Prudential Financial (PRU) and RGA (RGA) have been entrusted to fulfill $5.9B in pension promises for retired employees of Verizon (VZ).

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Prudential and RGA Secure $5.9B Verizon Pension Deal

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