---
schema_version: "secwatch.filing_event.v1"
accession: "0000065984-24-000056"
form_type: "8-K"
ticker: "ETR"
cik: "0000065984"
company_name: "ENTERGY CORP /DE/"
filed_at: "2024-05-24T23:59:59+00:00"
generated_at: "2026-06-01T08:56:18.721987+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Entergy to transfer $1.157B pension liability to MetLife; expects Q2 non-cash charge of up to $335M

## Summary
- Entergy purchased group annuity from MetLife to settle ~$1.157B in pension liabilities covering 3,447 retirees.
- Transaction funded by pension plan assets; no additional funding needed as liabilities were fully funded.
- One-time non-cash pension settlement charge estimated $305M-$335M pre-tax ($241M-$265M after-tax) in Q2 2024.
- Charge is an adjustment to GAAP net income, does not affect adjusted EPS; reaffirmed adjusted EPS and credit outlooks.
- MetLife assumes benefit payments from Sept 2024; transferred participants receive same benefit amounts.

## SEC filing metadata
- accession: 0000065984-24-000056
- form_type: 8-K
- ticker: ETR
- cik: 0000065984
- company_name: ENTERGY CORP /DE/
- filed_at: 2024-05-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/65984/000006598424000056/0000065984-24-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65984/000006598424000056/etr-20240523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000065984-24-000056
- JSON: https://secwatch.observer/filing/0000065984-24-000056.json
- Plain text: https://secwatch.observer/filing/0000065984-24-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.