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Communicating the Transition to a Variable Annuity Pension Plan
Milliman Retirement Town Hall Link to more items from this source
Mar. 22, 2015

"[V]ariable annuity pension plans (VAPPs) ... have stable costs like those of a 401(k) plan, while providing participants with reliable, lifelong income like a traditional pension plan. Communicating the change to a VAPP, however, may feel daunting for plan sponsors. Effective communications ensure that employees understand how the VAPP works, how it will affect them, and why a VAPP is a stable retirement solution for the sponsor and for them."

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