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Albertsons : Reports Third Quarter Fiscal 2021 Results - Form 8-K

Albertsons Companies, Inc. Reports Third Quarter Fiscal 2021 Results

Raises Fiscal 2021 Outlook

Boise, ID - January 11, 2022
. | January 11, 2022 ....

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Kroger, UFCW reinforce pension benefits for Fred Meyer, QFC workers

Agreement reached to transfer $400 million in liabilities from an underfunded pension plan ....

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Stop & Shop, UFCW Local 1500 agree on new pension plan

Chain’s union members to migrate to variable annuity-based benefits program
After reaching accords with five other United Food and Commercial Workers (UFCW) unions earlier this month, Stop & Shop said UFCW Local 1500 in New York has ratified an agreement for a $229 million investment in member pension benefits.
In announcing the deal late Friday, Quincy, Mass.-based Stop & Shop said the company will end its participation in the UFCW Local 1500 Pension Fund and transition member employees to the Local 1500 Annuity plan, a variable annuity-based pension program (VAPP). The supermarket chain, part of Ahold Delhaize USA, said the move is “intended to sustainably provide future retirement benefits.” ....

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