During the same time period, the average annuity purchase cost across all insurers in our index also increased, from 103.3% to 103.4%. The competitive bidding process is estimated to save plan ...
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). During May, the estimated cost ...
For corporate pension plans pursuing a pension risk transfer (PRT) — a derisking solution that transfers some or all plan participant payments to a life insurer via a group annuity contract purchase — ...
The estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process edged up to 101.7% from 101.6% of a plan’s accumulated benefit obligation during the month of ...
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). As the pension risk transfer ...
People’s Partnership CEO Patrick Heath-Lay addresses the substantial problems that the industry faces regarding pension transfers. It’s been a year since we launched our campaign to address the ...