Reed Elsevier: Pension Buyout

: 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: reed elsevier pension buyout

This transfers the "longevity risk" from the company to the individual. : Reed Elsevier's defined benefit schemes have historically

: The company has largely closed legacy DB plans to new members, opting for a Group Personal Pension model that offers greater portability for modern employees who change jobs more frequently. The Mechanics of "Buyouts" at RELX in a pension context