---
schema_version: "secwatch.filing_event.v1"
accession: "0001065059-24-000041"
form_type: "8-K"
ticker: "LEU"
cik: "0001065059"
company_name: "CENTRUS ENERGY CORP"
filed_at: "2024-05-29T23:59:59+00:00"
generated_at: "2026-06-01T07:35:12.705552+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Centrus transfers $234M of pension obligations to insurer; expects $11M Q2 settlement gain

## Summary
- Company agreed to purchase group annuity contract with an insurer to transfer about $234M (79%) of pension liabilities.
- Transaction funded by approximately $224M of plan assets; covers over 1,000 beneficiaries.
- Expected close on or about June 3, 2024; insurer assumes payments/admin starting September 1, 2024.
- Combined with October 2023 transfer, total pension obligation reduction is ~$420M (90%); remaining obligations expected fully funded.

## SEC filing metadata
- accession: 0001065059-24-000041
- form_type: 8-K
- ticker: LEU
- cik: 0001065059
- company_name: CENTRUS ENERGY CORP
- filed_at: 2024-05-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065059/000106505924000041/0001065059-24-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065059/000106505924000041/leu-20240528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001065059-24-000041
- JSON: https://secwatch.observer/filing/0001065059-24-000041.json
- Plain text: https://secwatch.observer/filing/0001065059-24-000041.txt

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