IBM to book $5.9b non-cash charge to transfer its pension liabilitiesPaul Kunerton September 14, 2022 at 12:30 The Register

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100k staffers and their beneficiaries to be looked after by Prudential Insurance, Metropolitan Life Insurance

IBM will book a one-off non-cash pre-tax pension settlement charge of $5.9 billion in its calendar Q3 after handing pension duties to two life insurance businesses.…

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