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  • TheStreet.com6 months ago

    GE Cuts $3.8 Billion in Retiree Health Costs in Push to Trim Benefit Plans

    GE further hashes out how much it's managed to take home by shifting retirees to Towers Watson's private health plans.

  • Willis CFO to Get $3.75 Million Lump Sum in Post-Merger Exit
    Bloomberg8 months ago

    Willis CFO to Get $3.75 Million Lump Sum in Post-Merger Exit

    Willis Towers Watson Plc, the company created this week by the merger of insurance broker Willis Group Holdings Plc and consulting firm Towers Watson & Co., said Chief Financial Officer John Greene is ...

  • Why Corporate Pension Funds Are Still Falling Short
    The Fiscal Times8 months ago

    Why Corporate Pension Funds Are Still Falling Short

    Higher corporate bond rates combined with a lackluster global stock market left corporate pension plans in 2015 funded at about the same level as in 2014. A Towers Watson analysis released today estimated that the aggregate pension funded status was 82 percent at the end of 2015, the same level as 2014. “While pension obligation declined last year, so did assets,” Towers Watson senior retirement consultant Alan Glickstein said in a statement.