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Competitive Pricing Rate for Pension Risk Transfer Costs Drops in February (PDF)
Milliman
Mar. 17, 2021 "During February, the average estimated cost to transfer retiree pension risk to an insurer dropped slightly, from 102.4% of a plan's total liabilities to 102.1% of those liabilities.... Annuity purchase costs reflecting competition amongst insurers also decreased, from 99.6% in January to 99.3% in February." |
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