3 ... Lockheed Martin Retirees – Retirements on or after July 1, 2018 . If you have questions related to the 401(k) Plan, please contact the Savings Plan Information Line. Choose your news – we will deliver.To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market.A phone call to Christopher Li, president and chief investment officer of Lockheed Martin Investment Management Co., a Lockheed Martin unit that manages the pension assets, was referred to Ginny Vasan, vice president-corporate identity, who did not return a phone call by press time. That’s the $90,402 question The New York Times Co. has put to me as it offers to buy out my right to the lifelong monthly pension I earned when the parent of the Times newspaper also owned the Globe.The landmark legislation that promised security in retirement has fallen far short of its expectationsThe old rock of retirement income — the pension — is increasingly fading from the American economic landscape.A recent letter sent by two Senate Democratic committee leaders asking several federal agencies to develop regulatory policy on de-risking pension plans adds some heft to the issue, but there are already some regulatory provisions in the law addressing their concerns, practitioners said.If you were among the 15.7 million private-sector workers with a traditional defined benefit pension plan in the U.S. in 2012, now might be good time to stop counting your blessings.NCR Corp. Lockheed Martin and packaging firm RockTenn are among the growing number of employers who in recent years have hit tens of thousands of their workers and retirees with an enticing offer: to accept lump sum payouts, often well into six figures, in lieu of monthly pension payments.In response to the U.S. Department of Labor’s new anti-consumer “notice-and-access” disclosure regulation that goes into effect today, the Pension Rights Center is urging workers and retirees to tell their pension and 401(k) plans that they want to continue receiving their key retirement information on paper – not just by getting a text or email saying that the information is on a website.1730 M Street, NW, Suite 1000 | Washington, DC 20036 | (202) 296-3776 | 1-888-420-6550 pension payments. A trend to offer pension lump sum buyout programs to retirees occurred among many U.S. companies including Motorola, FIA Publishing, LLC which publishes Visteon, Sears, Kimberly-Clark, Lockheed Martin, and JCPenney. NCR Corp. Lockheed Martin and packaging firm RockTenn are among the growing number of employers who in recent years have hit tens of thousands of their workers and retirees with an enticing offer: to accept lump sum payouts, often well into six figures, in lieu of monthly pension payments. Learn about Lockheed Martin Retirement Plan, including a description from the employer, and comments and ratings provided anonymously by current and former Lockheed Martin employees.