Pension Guard® - Our Solution for Pension Risk Transfers

The value of Pension Guard

Many plan sponsors face major challenges in meeting the obligations of their defined benefit (DB) plans. Sustained low interest rates and lower-than-expected earnings jeopardize adequate plan funding, and administrative costs are rising steadily.

Pension Guard, an institutionally priced annuity, can help guarantee benefits and benefit options for participants under a terminated DB plan.

How Pension Guard works

Key Benefits for Plan Sponsors

  • Removes plan liabilities from their books
  • Allows the plan sponsor to provide an important participant benefit – with a minimum of cost and administration
  • Provides institutional pricing

Key Benefits for Participants

  • Guaranteed income for life or for a specified period
  • Ability to provide ongoing income for a joint annuitant
  • Multiple annuity payment options to meet a range of individual circumstances and goals
  • Optional cost-of-living adjustment, as permitted by the plan

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