Pension risk transfer activity may drop in 2020 due to falling bond yields and poor market returns.

BlueLinx Holdings Inc. distributed $10 million in lump sums in the fourth quarter to former employees in its pension plan.

Tribune Publishing Co. paid out $12 million in lump sums to former employees and retirees to some participants in its pension plan.

PotlatchDeltic Corp. purchased a group annuity contract from New York Life Insurance to transfer about $100 million in pension liabilities.

Verso Corp. and Tenneco Inc. announced recent lump-sum distributions to former employees vested in their pension plans.

Kellogg Co. distributed $174 million in lump sum payments to former employees in its U.S. pension plans in December.

Xylem U.K. Pension Plan insured £255 million ($330.3 million) in liabilities through a buy-in with Rothesay Life.

U.S. corporate pension plan buyout sales totaled $11.3 billion in the fourth quarter, about 5% higher than a year ago.

Graham Holdings bought a group annuity contract from an undisclosed insurance company to transfer pension liabilities of some retirees.