Tag: pension risk transfer

With the purchase of an annuity contract, the company will transfer the payment obligation for approximately 1,850 retiree accounts to...

The matter with the New York State Department of Financial Services has been resolved with the fine and a transfer...

This is the third pension risk transfer action the company has implemented.

Michael Clark, with River and Mercantile, describes what DB plan sponsors should do to fulfill their fiduciary responsibilities when implementing...

The company cited a decrease in risks and costs as benefits of purchasing the annuity.

It provides a technology-driven approach to pension risk management that can be tailored for individual plan needs alongside what the...

GE is freezing pension plans and offering a lump-sum window to certain former employees, but John Lowell, with October Three,...

MassMutual discusses four main strategies for limiting or eliminating defined benefit plan risks over time: hibernating risks, establishing glide paths,...

Even though pension risk transfer is better understood by plan sponsors, LIMRA hopes pending legislation that would open multiple employer...

Announcements by the company provide an example of common steps and the timeline for a pension risk transfer.

Mark Unhoch, with October Three, explains why annuity costs for pension risk transfers (PRTs) are greater when interest rates are...

Beginning in the third quarter, pension annuity customers whose accounts came to OneAmerica through a pension risk transfer (PRT) will...

Data from LIMRA Secure Retirement Institute shows a 240% increase in pension risk transfer activity in the first quarter of...

A pension risk transfer (PRT) to terminate a defined benefit (DB) plan reflects heavily on a plan sponsor’s balance sheet,...

The firm has transferred $750 million in pension obligations to American General Life Insurance Company, part of AIG’s life and...