{"id":772960,"date":"2022-03-21T07:00:43","date_gmt":"2022-03-21T06:00:43","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/potlatchdeltic-transfers-70-million-in-pension-obligations\/"},"modified":"2023-07-11T08:49:45","modified_gmt":"2023-07-11T06:49:45","slug":"potlatchdeltic-transfers-70-million-in-pension-obligations","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/potlatchdeltic-transfers-70-million-in-pension-obligations\/","title":{"rendered":"PotlatchDeltic Transfers $70 Million in Pension Obligations"},"content":{"rendered":"SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq: PCH) today announced that it agreed to purchase a group annuity contract from American General Life Insurance Company (\u201cAmerican General Life\u201d), pursuant to which it will irrevocably transfer to American General Life approximately $70 million of pension obligations. American General Life will assume responsibility for annuity administration and benefit payments to select retirees and terminated vested participants (\u201cparticipants\u201d) beginning June 1, 2022. Participants and beneficiaries covered by this transaction will receive personalized information with further details before June 1, 2022.\n\n\n\nThis transaction was funded with plan assets and the Company transferred
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SPOKANE, Wash.–(BUSINESS WIRE)–PotlatchDeltic Corporation (Nasdaq: PCH) today announced that it agreed to purchase a group annuity contract from American General Life Insurance Company (\u201cAmerican General Life\u201d), pursuant to which it will irrevocably transfer to American General Life approximately $70 million of pension obligations. American General Life will assume responsibility for annuity administration and benefit payments […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-772960","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nPotlatchDeltic Transfers $70 Million in Pension Obligations - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/potlatchdeltic-transfers-70-million-in-pension-obligations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PotlatchDeltic Transfers $70 Million in Pension Obligations - BeBeez\" \/>\n<meta property=\"og:description\" content=\"SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq: PCH) today announced that it agreed to purchase a group annuity contract from American General Life Insurance Company (\u201cAmerican General Life\u201d), pursuant to which it will irrevocably transfer to American General Life approximately $70 million of pension obligations. 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