Pension Risk Transfer Facts from 2020

Facts from 2020

First Quarter 2020:

• “Buy-out” purchases $4.462 Billion

Second Quarter 2020:

• “Buy-out” purchases were $2.270 Billion

Third Quarter 2020:

• “Buy-out” purchases were $4.599 Billion

Fourth Quarter 2020:

• “Buy-out” purchases were $13.680 Billion

Total “Buy-out” contracts for 2020: 432

Total of “Buy-out” purchases: $25 Billion

Total Number of Retirees Affected: 408,277