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Best’s News & Research Service subscription required - January 23, 2015 01:44 PM (EST)

In First US Pension Risk-Transfer of 2015, Prudential to Sell Group Annuity to Ohio Manufacturer in $600M Deal

Prudential Insurance Company of America has agreed to sell a group annuity to The Timken Co. so the Ohio-based transmissions manufacturer can pay future pension benefits for about 5,000 of its . . .

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Retirement Annuities Life Insurers Pension Fund Liability Defined Benefit Plans

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