Testimony: 2013 ERISA Advisory Council Hearing - Private Sector Pension Plan De-risking and Participant Protections

MetLife Retirement & Income Solutions

Testimony: 2013 ERISA Advisory Council Hearing - Private Sector Pension Plan De-risking and Participant Protections

Aug 29, 2013

MetLife Written Testimony to the ERISA Advisory Council

Good day, members of the Council. My name is Naomi Zwerling. I am a Vice President in Corporate Benefit Funding at MetLife, our Americas Business area responsible for, among other things, group annuity based solutions for both funding and de-risking defined benefit (DB) plans. I am here today to testify on behalf of my company. MetLife is a leading provider of employee benefits and has been committed to the retirement business for over 90 years, issuing the industry’s first group annuity contract to fund a defined benefit plan in 1921. Today, MetLife guarantees income payments to more than 1 million plan participants, most through group annuity contacts issued in connection with DB plans. 

Want to continue reading? Download the full PDF below. 

Download MetLife's 2013 ERISA Advisory Council Hearing Testimony

Download