Tag: Annuity

Pensions November 25, 2024

Public Pension Funded Ratios Register 1st Decline Since April

The funded ratio for the 100 largest U.S. public pension plans fell by 160 basis points in October.

Regulation June 23, 2023

Interest rates for late payment liability, ERISA 4044 annuity discount rates and variable rate premiums have been adjusted, the PBGC announced.

Asset Management Culture March 26, 2020

Pension risk transfer market likely to slow because of downturn.

Asset Management Culture March 11, 2020

Increased volatility caused by coronavirus likely to keep risk transfer market booming.

Research March 3, 2020

Buyout index estimates cost to transfer retiree pension risk to an insurer.

Risk October 14, 2019

Annuity contract with Prudential to transfer benefits for 17,200 members.

Newsmakers February 25, 2019

Truck manufacturer transfers $268 million to two insurers.

Risk August 28, 2018

Move is expected to reduce liabilities by 30%, and participants and beneficiaries by 50%.

Risk May 10, 2018

Transaction is largest risk transfer in US since Verizon/Prudential deal.

Newsmakers March 19, 2018

Dividend payments are a result of a 16.2% return for the state’s core fund.

Newsmakers October 17, 2017

Deal is largest of its kind for Aviva.

Research September 15, 2017

Report finds less than half of Baby Boomers and GenXers have any retirement savings.

Research September 13, 2017

Non-qualified sales buoyed variable annuity market, IRI reports.

Research September 11, 2017

Sharp decline continues two years after new rules allow withdrawals without annuities.

Newsmakers August 30, 2017

Move will reduce the company’s pension obligation by $220 million.