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Celebrating a Century

Since 1921, MetLife has worked with companies on their de-risking journey while providing financial security for their retirees.

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MetLife, through Metropolitan Life Insurance Company and Metropolitan Tower Life Insurance Company, is a market leader in the pension risk transfer industry, managing benefit payments of approximately $3 billion a year for about 780,000 annuitants.1

Through the years, MetLife has worked with companies to provide for the financial security of their retirees and beneficiaries. MetLife’s expertise in managing transferred pension liabilities helps its clients feel secure that their risks are well-managed and their retirees’ pension benefits are protected.

MetLife has successfully orchestrated many pension buyouts through its history, providing superior implementation and client service. In 2021, MetLife’s Retirement & Income Solutions (RIS) customer service organization received J.D. Power certification for providing “An Outstanding Customer Service Experience” for the live phone channel for the third consecutive year. MetLife’s RIS business is among a select few institutional retirement providers that have achieved this status.2

This year, MetLife is celebrating its 100th anniversary of being the first insurer, through Metropolitan Life Insurance Company, to develop and offer a group annuity contract to fund a defined benefit (DB) plan, issuing a group annuity contract to fund the William Rudge Printing Company’s DB pension plan. This first helped pave the way for today’s pension risk transfer market.

100 Years
NEW: MetLife’s 2021 Pension Risk Transfer Poll

Gain insights from our survey of 253 defined benefit (DB) plan sponsors who have de-risking goals (either near- or long-term) for their pension plans.

Pension Risk

We’ll help mitigate your pension risk by designing a solution to meet your unique needs.

1. Internal MetLife Data as of June 30, 2021. Includes both Metropolitan Life Insurance Company, New York, NY and Metropolitan Tower Life Insurance Company, Lincoln, NE

2. J.D. Power 2019-2021 Certified Customer Service Program recognition is based on successful completion of an evaluation and exceeding a customer satisfaction benchmark through a survey of recent servicing interactions. For more information, visit www.jdpower.com/ccc.

Group annuity contracts can be issued by Metropolitan Life Insurance Company, 200 Park Ave. NY, NY 10166 or Metropolitan Tower Life Insurance Company, 5601 South 59th St., Lincoln, NE 68516. Like most group annuity contracts, MetLife group annuities contain certain limitations, exclusions and terms for keeping them in force. Ask a MetLife representative for costs and complete details.

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

Any discussion of taxes is intended to be general in nature. The tax law is subject to change and to different interpretations. We do not provide tax or legal advice and are not responsible for the tax consequences of such arrangements; nor do we represent or guarantee that tax deferral of annuity payments until received can be achieved. Interested parties should consult with their own tax advisors to determine whether the desired tax treatment can be achieved and whether the taxation of such arrangements could be adversely impacted under federal tax laws, including Section 409A of the Internal Revenue Code of 1986, as amended.