2024 Mcclatchy pension news

Mcclatchy pension news

Author: ttlm

August undefined, 2024

Web13 jul. 2024 · McClatchy Co. expects to transfer its defined benefit plan to the Pension Benefit Guaranty Corp. as part of a court-supervised sale, the Sacramento, Calif.-based company said Sunday. McClatchy ... WebPension – McClatchy Livewell *McClatchy Pension Plan Effective September 4, 2024, the Pension Benefit Guaranty Corporation took over as trustee of the McClatchy Company Retirement Plan. Please call (800) 400-7242 or visit www.pbgc.gov for any questions or changes related to your pension benefit.

McClatchy, second largest local news co., files bankruptcy The ...

Web31 aug. 2024 · CONTACT US. You can call 1-800-400-7242, Monday-Friday, 8:00 a.m.-7:00 p.m. ET. TTY/ASCII users may call 711. More contact information for workers and retirees. Online access for this plan is not yet available. Please check back periodically and look for the link that will allow you to apply for an account and begin using it. WebKnight Ridder / ˈrɪdər / was an American media company, specializing in newspaper and Internet publishing. Until it was bought by McClatchy on June 27, 2006, it was the second largest newspaper publisher in the United States, with 32 daily newspaper brands sold. Its headquarters were located in San Jose, California. [1] images of mark 11:25

McClatchy bankruptcy: PBGC will take pension plan if ordered

Web3 jan. 2024 · The McClatchy Company, which owns The News & Observer, The Charlotte Observer, and The Durham Herald-Sun , announced Thursday that it would skip pension payments for some of its more than 24,000 ... Web21 feb. 2024 · McClatchy Co. is ready to put its debt and heavy pension obligations firmly in the past. But newspaper industry observers see some remaining hurdles before the publisher can move into a new future. McClatchy, the second-largest local news company in the U.S., will undergo a voluntary restructuring under Chapter 11 of the U.S. … Web16 nov. 2024 · McClatchy marked down the value of its chain of 30 regional newspapers by nearly $300 million. That is booked as a loss by accounting rules but does not involve paying out any cash. images of mark anthony keller

PBGC to Pay Pension Benefits for The McClatchy …

The McClatchy Company Retirement Plan Pension …

WebIn addition to its daily newspapers, McClatchy also operates several websites and community papers, as well as a news agency, McClatchy DC Bureau, focused on political news from Washington, D.C. ... The company cited pension obligations and excessive debt as the primary reasons for the filing. ... Web13 feb. 2024 · The Chapter 11 filing will allow McClatchy to restructure its debts and, it hopes, shed much of its pension obligations. Under a plan outlined in its filing to a federal bankruptcy court, about 60 percent of its debt would be eliminated as the news organization tries to reposition for a digital future. list of american companies in switzerlandWeb2 dagen geleden · French President Emmanuel Macron has laid out his vision of a bold, assertive European future, but not before simmering anger at his domestic pension reforms boiled over once more as he began his ... list of american companies in africa

"Web10 apr. 2024 · It appears that none of McClatchy's 30 newspapers covered the charges, which culminated in Chatham and its founder Anthony Melchiorre agreeing to pay $19 million in disgorgement and penalties for ... " - Mcclatchy pension news

Mcclatchy pension news

Newsonomics: The McClatchy auction ends not with a bang, but …

Web13 feb. 2024 · McClatchy’s qualified pension covers more than 24,500 current and future retirees — many retired blue-collar workers who manned printing presses or loaded newspapers onto delivery trucks ... http://schema-root.org/commerce/corporations/communication/media/newspapers/mcclatchy/

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Web19 mrt. 2024 · Mike Fannin, executive editor and vice president of the Kansas City Star, will become McClatchy regional editor for the Midwest. In that role, he will continue to oversee the Kansas City Star, as well as the Wichita Eagle, Belleville News-Democrat in Illinois and the Star-Telegram. Gustus will continue toÃ â Ã Â ... http://mcclatchy.com/

WebPension Leadership News News industry leaders join Austin Tice’s brother in call for journalist’s release from Syria McClatchy Acquired by Chatham Asset Management, LLC Monica R. Richardson named Executive Editor of the Miami Herald Web2 dagen geleden · Trump pleaded not guilty. In releasing his initial witness list Wednesday, Judiciary Committee Chairman Jim Jordan didn’t mention the legal back and forth between his committee and Bragg. Also ...

Web10 sep. 2024 · The agency estimates that McClatchy’s plan is 57% funded with approximately $1.3 billion in assets and $2.3 billion in benefit liabilities. The PBGC said McClatchy retirees will continue to receive benefits without interruption, and future retirees may apply for benefits as soon as they reach eligibility. Web26 jun. 2024 · McClatchy, the nation’s second largest local news company, owns 30 media titles in 14 states and Washington, D.C., including the Miami Herald, the Kansas City Star, the Sacramento Bee, the ...

Web29 jun. 2024 · McClatchy’s purchase of the much larger Knight Ridder chain 14 years ago left the company with hundreds of millions of dollars in debt as well as an outsized pension obligation. McClatchy...

Web23 uur geleden · Share with friendsAlthough McClatchy’s 30 newspapers, including The Fresno Bee, have yet to report on it, the chain’s owner, hedge fund Chatham Asset Management, and its founder, Anthony Melchiorre, have settled a dispute with the Securities and Exchange Commission for $19.3 million. Before the settlement, the SEC alleged that … list of american countryWebSeptember 4, 2024 /PRNewswire/ -- Certain funds affiliated with Chatham Asset Management, LLC (“Chatham”) today announced that they have completed the previously announced acquisition of substantially all assets of The McClatchy Company (“McClatchy” or the "Company"). images of mark 9:24The company originated with The Daily Bee, first published in Sacramento, California, on February 3, 1857, by Native American writer Rollin Ridge. James McClatchy joined Ridge as a partner and took over as editor. Known as a supporter of the people's interests against corporations and corrupt politicians, McClatchy made The Bee a bastion of progressive reformism. Upon McClatchy's death in 1883, the paper's leadership passed to James' son, Charles Kenny McClat… images of mark 8:27-38Web20 nov. 2024 · Over the last decade-plus, we’ve heard intermittent cries of “News emergency!” as one constriction after another has left local journalists and the readers they serve gasping. The mere fact that the country’s biggest philanthropic journalism funder deeply considered a bid — out of both desperation and duty — reinforces the idea that … images of markersWeb14 feb. 2024 · Fifteen years ago, the McClatchy clan shared a $2.7 billion media fortune. Back then, shares of their company traded above $700. On Monday they traded below a dollar. McClatchy is but the latest ... list of american companies in ivory coastWeb1 feb. 2024 · On September 04, 2024, the Pension Benefit Guaranty Corporation took responsibility as trustee for the defined benefit pension plan sponsored by The McClatchy Company. The McClatchy Company Retirement Plan ended as of August 31, 2024. The plan covers more than 24,000 workers and retirees. images of markers clip artWebThe McClatchy Company Retirement Plan ended as of August 31, 2024. The plan covers more than 24,000 workers and retirees. For participants who received their first payment from PBGC on January 1, 2024, the letter you received included a Form 701 … images of mark 9:23