Verizon Communications Inc.

Verizon Communications Inc. purchased group annuities from Prudential Insurance Co. of America and RGA Reinsurance to transfer about $5.9 billion in pension plan liabilities.

U.S. corporate pension plans are showing an increasing interest in plan terminations as the pension risk transfer market remains steady.

The 35-day federal government shutdown has put the SEC week's behind in determining whether certain shareholder proposals can be omitted.

Verizon shareholders rejected proposals calling for an independent chair, a new clawback policy and eliminating payments to non-qualified plans.

Verizon Communications Inc. made a discretionary contribution to its pension plans of $1 billion in the first quarter.

Aon expects U.S. corporate pension plan buyout volume to total about $25 billion in 2018, similar to the previous year's total.

U.S. corporate pension plan buyouts reached $11.1 billion in the fourth quarter of 2017, with total 2017 deals reaching $23 billion.