Note: This list is updated on an ongoing basis.
Below is a list of employers that have announced that they are offering lump-sum pension buyouts to certain groups of employees, former employees, or retirees. For specifics, click on the employer’s name to see the company’s press release, SEC filing, or news story announcing the change (some links may expire).
This list was started in 2012, after Ford and General Motors announced that they were offering lump sums to thousands of retirees and former workers. Read our related fact sheet, Should You Take Your Pension as a Lump Sum?.
(Note: this is not a comprehensive list. These are only the changes that we are aware of, based on corporate press releases, news reports, and other sources.)
We have a similar lists of companies that have frozen or changed their traditional pension plans, companies that have reduced or eliminated their matching contributions to employees’ 401(k) plans, and companies that have transferred their pension obligations to insurance companies.