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Crown Holdings Announces Intention To Transfer $740 Million in US Pension Plan Obligations

Friday, August 30, 2024
TAMPA, Fla., Aug. 30, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) announced that it has entered into an agreement to purchase a group annuity contract from Massachusetts Mutual Life Insurance Company (MassMutual) to fully guarantee benefits covered under the contract for nearly all of the retirees and deferred vested participants in its primary US defined benefit plans. The...

Read the full article: Crown Holdings Announces Intention To Transfer $740 Million in US Pension Plan Obligations

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