Lockheed Martin Pension Risk Transfer to MetLife
Bethesda, Maryland based Lockheed Martin Corp. transferred $1.9 Billion in pension obligations for 20,000 US retirees to a subsidiary of MetLife, Metropolitan Tower Life Insurance Co. Lockheed Martin has done at least two previous pension risk transfers to insurance companies. In January 2019, Lockheed Martin transferred $1.8 Billion in pension obligations to Prudential and also […]