Comment Letter: 2015 ERISA Advisory Council - Model Notices and Disclosures for Pension Risk Transfers

MetLife Comment Letter in response to the ERISA Advisory Council's Model Notices and Disclosures for Pension Risk Transfers

Good afternoon, members of the Council. My name is Roberta Rafaloff. I am a vice president in Corporate Benefit Funding at MetLife, our business area responsible for, among other things, group annuity based solutions for both funding and de-risking defined benefit (DB) plans in the Americas. 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. With $38 billion in transferred DB liabilities, MetLife is one of the leading providers of pension risk transfer solutions.

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