3/4 of Companies Plan to Transfer Pension Risk

According to the 2019 Pension Risk Transfer Poll sponsored by MetLife, most companies plan to rid themselves of their pension liabilities in the future.  Pension de-risking transfers topped $26 Billion in 2018, up 14% from 2017.  Pension de-risking since 2012 exceeds $125 Billion.  2019 is on-track to be a big year for pension de-risking.  According to LIMRA Secure Retirement Institute pension de-risking transfers (what they term “buy-out” sales) were $4.75 Billion in the 1st Quarter of 2019.