: Large corporations often use "buy-ins" (purchasing insurance policies as plan assets) or "buyouts" (transferring the entire liability to an insurer).
: 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.
While the term "buyout" can refer to corporate acquisitions, in a pension context, it typically follows these two paths:
