How the Group Annuities MetLife Introduced 100 Years Ago Enable Companies to Keep Their Pension Promises

Recently, there have been widely publicized annuity buyout transactions for the pension plans of Fortune 500® corporations.¹ What impact have these transactions had on the desire of other companies to de-risk their plans? How many companies plan to completely divest all of their pension liabilities? 

To answer these questions and more, MetLife – which has been tracking pension risk transfer (PRT) trends and developments for nearly 20 years – commissioned a survey of 253 defined benefit (DB) plan sponsors who have de-risking goals (either near- or long-term) for their pension plans.

MetLife’s 2021 PRT Poll Also Sheds Light On:

• The catalysts driving plan sponsors’ decisions to transfer plan risk
• Whether the economic recovery and COVID-19 pandemic have impacted de-risking plans
• The ideal timing and the most important considerations for a pension risk transfer to an insurer