Lockheed Offloaded Pensions In Risky Deal, Retirees Say

By Grace Elletson (March 14, 2024, 1:56 PM EDT) -- A group of retirees claim aerospace defense company Lockheed Martin committed an "egregious act of disloyalty" when it passed off $9 billion in pension responsibilities for 31,000 beneficiaries to a risky annuity provider, according to a suit filed in Maryland federal court....

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