Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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Competitive Pricing Rate for Pension Risk Transfer Costs Remains Level in August
Milliman Sept. 16, 2021 "During August, the average estimated cost to transfer retiree pension risk to an insurer remained nearly level, decreasing from 102.3% of a plan's total liabilities to 102.2% of those liabilities. This means the average estimated retiree PRT cost for the month is now 2.2% more than those plans' retiree accumulated benefit obligation (ABO). Meanwhile annuity purchase costs reflecting competition amongst insurers also stayed flat, at 100.1% for August." |
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