Retiree Life

Partner with us to more efficiently cover group-term, retiree life insurance premiums over time.

Keep Your Promises to Employees

We understand the unique financial challenges that come with providing retiree life benefits on a pay-as-you-go basis. Our retiree life funding solutions lower your long term "out-of-pocket" premium, mitigate risk and improve financial security for your employees.

Retiree Life Funding Solutions lower your long term "out-of-pocket" premium

Our Retiree Life Insurance Solutions Enable Your Company to:

  • Reduce long-term costs through tax efficiency
  • Strengthen financial statements
  • Improve benefit security for retirees

Explore Our Solutions

Retiree Life Funding

Comfortably set aside money to cover retiree life insurance costs with a retiree life funding program.

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Retiree Life Buyout

Transfer your company's retiree liability and plan administration to MetLife with a retiree life buyout.

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MetLife Funding Agreement

Fund general employee benefits or transfer plan assets into a MetLife Funding Agreement.

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Our Life Insurance Funding Account (LIFA) allows your company to:

  • Pre-fund future retiree life premiums in a tax-advantaged reserve
  • Reduce long-term expenses for retiree life insurance premiums
  • Improve financials by offsetting ASC-715 (or GASB 74/75) accounting liabilities


Our Guaranteed Life Insurance Funding Account (GLIFA) allows your company to:

  • Transfer ASC-715 (or GASB 74/75) accounting liability on existing retirees to MetLife
  • Cap future costs associated with retiree premiums
  • Eliminate retiree life recordkeeping and associated administrative burdens and costs


A MetLife Funding Agreement:

  • Can be used to pay for future insurance premiums, to fund liabilities, or as an investment allocation for welfare benefit funding
  • Provides safety, convenience and flexibility
  • Ensures a principal and interest rate guarantee1

Risk Solutions

As a top insurer in the risk solutions market, MetLife’s long history and experience in managing risk sets us apart. Discover how MetLife Risk Solutions supports our customers by reducing risk and uncertainty, and helping them deliver on their long-term promises. 

Why Choose MetLife?

Meet the Team

Get to know the people who will help you make the best choices for your company’s retiree life benefits.

1All guarantees are subject to the financial strength and claims paying ability of the issuing MetLife company.

Neither MetLife nor its representatives provide tax, accounting, legal or investment advice. The rules relating to such matters are subject to interpretation and change. The appropriateness of any product for any specific company may vary depending on the facts and circumstances. Employers should consult with and rely upon their own tax, accounting, legal or investment advisors.

To enjoy the tax advantages associated with the Guaranteed Life Insurance Funding Account (GLIFA) and Life Insurance Funding Account (LIFA) products, prefunding must be within tax code limits that generally limit prefunding for post retirement group term life insurance to a $50,000 maximum coverage amount over the working lives of covered employees, and actuarially determined on a level basis, using assumptions that are reasonable in the aggregate.