Excerpt: Despite the rebound in the third quarter, many pension plans remain underfunded. On top of that, annuity interest rates are falling to all-time lows, making this among the worst times to purchase annuities. In this article, we focus on preparing for the annuity purchase aspect of a plan termination. We begin with a review of market activity during 2010, provide an update on interest rates and continue with an update of the 'buyin' concept very popular in the UK that US insurance companies are beginning to explore.