As beleaguered workers with little in the way of retirement savings increasingly look for a means of guaranteeing income during retirement, a retirement industry-sponsored white paper has made a pitch for including annuity products in 401(k) plans.

The paper, “Retirement Income Solutions: A Guide for Plan Sponsors,” put out by the Defined Contribution Institutional Investment Association (DCIIA), lays out the industry’s case for including annuity products in employees’ retirement plans.

It also outlines policymaker support for guaranteed income streams, looks at case studies from companies trying various strategies to provide employees with a range of income-producing products and offers a range of options available to plan sponsors considering changes to the plans they offer that can provide income to participants upon retirement.