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Mercer U.S. Pension Buyout Index, September 2013 (PDF)
Mercer
Oct. 17, 2013
"During September, as indicated by the Index, the cost of purchasing annuities from an insurer increased from 108.8% to 108.9% with a corresponding increase from 108.1% to 108.2% in the economic cost of maintaining the liability. The retiree buyout cost relative to the economic cost of retaining the liabilities remained level during September and remains low at approximately 70 basis points indicating that buyout premiums are potentially attractive for sponsors when compared to the cost of retaining the liabilities[.]"
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