Groundbreaking Nationwide Pension Plan for JBS Meat and Poultry Workers to be Honored at CORPaTH Crystal Globe Awards and Summit

Randi Weingarten, president of 1.8-million-member American Federation of Teachers, among scheduled honorees during December 17 event in Las Vegas A groundbreaking nationwide pension plan for meat and poultry workers will be recognized during CORPaTH’s Crystal Globe Awards and Summit, Dec. 17, 2025, at Caesars Palace Las Vegas. The plan, built from scratch to benefit tens of thousands of employees of JBS Foods USA heralds a revival of defined-benefit pensions and the peace of mind they provide for Americans who [...]

2025-12-03T09:23:25-08:00December 14th, 2025|Categories: Defined Benefit Plans|Tags: , , |

Kroger withdraws from UFCW pension fund to start new variable plan

Kroger Co. ratified an agreement to withdraw from the United Food and Commercial Workers International Union-Industry Pension Fund and contribute to a new variable annuity pension plan, the company said. Similar agreements were ratified by Stop & Shop Supermarket Co. and Albertsons Cos. The tentative agreements were announced in July. The grocers and the UFCW created the UFCW and Employer's Variable Annuity Pension Plan for future benefits, with a pension benefit formula good through June 2028, when future contributions [...]

2020-12-08T10:12:04-08:00December 8th, 2020|Categories: Defined Benefit Plans|Tags: , , |
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