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BRIEF-Yum Brands expects to record Q4 charge of $30 mln-$50 mln from early payout of pension benefits
October 11, 2016 / 9:37 PM / in a year

BRIEF-Yum Brands expects to record Q4 charge of $30 mln-$50 mln from early payout of pension benefits

Oct 11 (Reuters) - Yum! Brands Inc

* On September 8, 2016, began informing certain former employees of opportunity to voluntarily elect an early payout of pension benefits

* Expects to make lump sum payments and commence monthly annuity payments on pension benefits payout beginning december 2016 - sec filing

* Expects to record pre-tax non-cash settlement charge in q4 of $30 million-$50 million from early payout of pension benefits- sec filing Source text for Eikon: (bit.ly/2dVuuSO) Further company coverage:

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