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The Evolution of Pension Risk Transfer in the United States: A 50-Year Timeline (PDF)
BCG Pension Risk Consultants | BCG Penbridge Link to more items from this source
Nov. 12, 2025

10 pages. " The report identifies over 70 key milestones that shaped the emergence of today's U.S. PRT market....[PRT] refers to the process by which defined benefit plan sponsors reduce financial risk and administrative burden by transferring pension obligations. This process is typically facilitated through annuity purchases tied to plan terminations or retiree lift-outs, or through lump sum distributions offered to participants."  MORE >>

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