Grocers to start variable plan, withdraw from UFCW pension fund

Kroger Co., Stop and Shop Supermarket Co. and Albertsons Cos. announced Tuesday that they have reached agreements to withdraw from the United Food and Commercial Workers International Union-Industry Pension Fund and contribute to a new variable annuity pension plan. The UFCW International Union-Industry Pension Fund, Mokena, Ill., had $6.1 billion [...]