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Baxter Healthcare of Puerto Rico Pension Plan
Baxter Healthcare of Puerto Rico Pension Plan operates as a defined benefit plan. It calculates participant benefits from a formula tied to age, years of...
Overview
Baxter Healthcare of Puerto Rico Pension Plan operates as a defined benefit plan. It calculates participant benefits from a formula tied to age, years of credited service, and compensation. Baxter International Inc. stands as the parent sponsor. The plan maintains two Chicago real estate holdings through WPA 7, LLC and 1258 W. LOYOLA LLC. No public data exist on asset allocation, external managers, or geographic deployment beyond the sponsor entities. Baxalta Incorporated received a share of plan assets and liabilities in 2015. No investment professionals, additional offices, or adjacent vehicles appear in available records. The plan website provides only participant benefit information.
General information
Firm type
Pension Fund
Year founded
1976
Location
Region
North America
Country
United States
City
Deerfield
Corporate office
Deerfield, Illinois, United States
Frequently asked questions
What type of plan is the Baxter Healthcare of Puerto Rico Pension Plan?
It is a defined benefit plan. Benefits are calculated using a formula based on years of credited service and compensation.
Did the plan undergo any asset transfers?
Baxalta Incorporated received a portion of the plan assets and liabilities in 2015 following the spin-off from Baxter.
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