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Angry Verizon Retirees Sue Company Over 'Predatory' Pension-Transfer Plan
Verizon retirees are suing to block the company from selling their pensions to the Prudential Insurance Co. Verizon wants to sell 41,000 pension plans – worth a total of $7.5 billion – to Prudential, which would turn them into annuities that the retirees' lawyers say won't have the same protection
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