trending Market Intelligence /marketintelligence/en/news-insights/trending/7biu_vdhozzjxfbuvp3lja2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

McClatchy buying group annuity contract from American United Life

Brazil Pay TV Down Record Amount In 2019, With Losses Continuing In Q1'20

Impact of COVID 19 on US Video Entertainment Trends

Case Study: Transforming Sales Enablement Data at a Global Advertising and Media Firm

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

McClatchy buying group annuity contract from American United Life

McClatchy Co.'s retirement committee agreed to purchase an irrevocable, single-premium group annuity contract from American United Life Insurance Co. to transfer certain outstanding pension benefit obligations under The McClatchy Co. Retirement Plan.

The plan purchased annuities and settled obligations for a group of annuitants, including retirees and surviving beneficiaries who now receive a benefit of $180 per month or less from the plan, starting with the monthly payment to be made in January 2017.

The estimated projected benefit obligation related to the annuitants was $46 million, and the plan paid $49.5 million in cash, including the related insurance premium.

McClatchy, the plan administrator, does not expect a material impact on its pension expense resulting from the transaction.