Media Contact:

Retirement
Josh Stoffregen-Foye / 973-802-3996 / josh.stoffregen@prudential.com

June 20, 2019

International Union of Operating Engineers selects Prudential for retirement solutions

NEWARK, N.J., June 20, 2019 – The International Union of Operating Engineers (IUOE) Local 132, a progressive trade union based in Huntington, West Virginia, representing heavy equipment operators and mechanics, as well as workers in building and industrial complexes and services throughout the United States and Canada, selected Prudential Retirement as its new retirement plan provider.

June 12, 2019

Springfield Clinic partners with Prudential to oversee $300 million in retirement assets

Springfield Clinic, the second largest multispecialty clinic in Illinois, chose Prudential Retirement as record keeper for its defined contribution retirement plans.

May 29, 2019

Aker Solutions and Reser’s Fine Foods select Prudential to oversee retirement assets

NEWARK, N.J., May 29, 2019 - Aker Solutions, a global engineering company, and Reser’s Fine Foods Inc., a national manufacturer and distributor of fresh and refrigerated prepared foods, chose Prudential Retirement as record keeper for their defined contribution retirement plans. Prudential Retirement is a business unit of Prudential Financial, Inc. (NYSE: PRU).

April 24, 2019

Prudential Financial closes $2.6 billion in longevity reinsurance agreements, signaling pre-Brexit rush to de-risk by U.K. pensions

NEWARK, N.J., April 24, 2019 - Prudential Retirement®, a unit of Prudential Financial, Inc. (NYSE: PRU), has concluded about $2.6 billion in previously undisclosed longevity reinsurance contracts, an important signal of an unprecedented start to the 2019 U.K. pension risk transfer market.

April 11, 2019

Prudential expands financial wellness capabilities to address Americans’ most pressing financial needs

NEWARK, N.J., April 11, 2019 - Prudential Financial, Inc. announced the introduction of a range of new financial wellness solutions to help address the most pressing financial challenges facing American consumers.

April 10, 2019

We’re average students, getting a “C” when it comes to understanding finances, Americans say

NEWARK, N.J., April 10, 2019 - More than half of Americans say they’d earn a “C” or lower when it comes to financial literacy, according to a new survey conducted by Harris Poll on behalf of Prudential Financial, Inc. (NYSE: PRU).

March 20, 2019

Westchester County taps Prudential to manage $607 million in retirement assets

NEWARK, N.J, March 20, 2019 - Westchester County selected Prudential Retirement as record keeper for its deferred compensation retirement plan. Prudential Retirement is a business unit of Prudential Financial, Inc. (NYSE: PRU).

January 29, 2019

Lockheed Martin transfers $1.8 billion in pension obligations to Prudential Retirement

NEWARK, N.J., January 29, 2019 - Lockheed Martin Corporation (NYSE: LMT) has transferred approximately $1.8 billion of its pension obligations by purchasing a group annuity contract from The Prudential Insurance Company of America, a subsidiary of Prudential Financial, Inc. (NYSE: PRU). Approximately 32,000 of Lockheed Martin’s retirees will receive their monthly pension benefit payments from Prudential as part of this buy-out agreement.

August 31, 2018

Prudential backs federal support of expanding Americans’ access to retirement savings

President Trump today signed an executive order directing the Labor Department to promote programs that enhance retirement security and expand access to workplace retirement savings plans for American workers.

July 24, 2018

Emergency savings feature can help plan sponsors increase employees’ financial wellness, Prudential says

NEWARK, N.J., July 24, 2018 - Most Americans don’t have enough savings to cover unexpected expenses, tempting many to make the costly mistake of raiding their workplace retirement savings plans. Using after-tax contributions to an existing retirement plan to build savings that can be accessed to cover emergencies could help, according to Prudential Financial, Inc. (NYSE: PRU).