开云体育

Looks like IBM is transferring the "RISK" on their pension obligations to outside insurance. After these changes is the pension (the old defined benefit plan) still covered by PBCG?

?Also does this move give IBM access to any surplus funding???Based on this notice I calculate there is/was 40 billion dollars in the pension fund. A 12% surplus?would be? ?$4.8 billion. Did this transfer give IBM access to this?money?