For the company, it eliminates the obligation for future monthly payments and reduces administrative overhead.
: Reed Elsevier's defined benefit schemes have historically held significant assets and liabilities—for instance, the UK scheme was valued at over £2 billion as early as 2007.
Recent years have seen a surge in such deals across the UK market due to improved funding levels.
: RELX has offered eligible participants the choice to receive their benefits as a one-time lump sum .
For the company, it eliminates the obligation for future monthly payments and reduces administrative overhead.
: Reed Elsevier's defined benefit schemes have historically held significant assets and liabilities—for instance, the UK scheme was valued at over £2 billion as early as 2007.
Recent years have seen a surge in such deals across the UK market due to improved funding levels.
: RELX has offered eligible participants the choice to receive their benefits as a one-time lump sum .
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EIN: 85-0319221 reed elsevier pension buyout