Kroger to withdraw from 2 pension funds

Kroger to withdraw from 2 pension funds

Kroger on Wednesday said it would withdraw from two multiemployer pension funds in a move it said would provide greater stability and potential future benefits for associates and reduce its administrative costs.

Pending approval of fund trustees and the Pension Benefit Guarantee Corp., Kroger has negotiated withdrawals from the Washington Meat Industry Pension Trust and the Pace Industry Union-Management Pension Fund. Kroge

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