Defined-benefit pension plan sponsors may find that current annuity rates make shedding unwanted pension obligations possible but not especially appealing.
The Pension Risk Transfer Index now stands at 90.1, meaning that this is not as bad a time to close out a plan by buying an annuity as it was during the period from September 2010 to January 2011 but not as attractive of a time to annuitize as it was in 2008 and 2009.
Dietrich & Associates Inc., Plymouth, Mass., a pension risk-transfer firm, created the index to give employers an indicator they can use to decide when to annuitize pension obligations.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
