Pension risk hibernation – an alternative to annuity buyouts
Critical Point
English - October 26, 2021 21:00 - 12 minutes - 8.38 MB - ★★★★★ - 17 ratingsBusiness Technology milliman critical point insurance healthcare technology retirement property & casualty risk management insurtech financial services Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Why did the flu disappear in 2020?
For corporate financial officers who are considering a pension annuity buyout, there’s an opportunity cost to 100% risk transfer, as Milliman’s Zorast Wadia and Bret Linton discuss on this episode of Critical Point. With the passage of the COVID-19 stimulus, many CFOs and plan sponsors likely see the second half of 2021 as an opportune time to de-risk their company’s pension liabilities; but pension risk transfer via an annuity buyout creates the potential to leave money on the table. This episode dives into the differences between pension risk mitigation and transfer, and some of the benefits of plan hibernation over annuity buyouts.
You can read the episode transcript on our website.