You are: individual
Mitigate pension liabilities with de-risking solutions
About our business
Our insurers institutionally-price and design bespoke group annuity contract (“GAC”) solutions to specifically address the needs of plan sponsors who decide to partially de-risk or completely exit defined benefit pension plan liability by transferring accrued benefit liabilities and administrative responsibilities to our life insurance companies. GACs provide a guaranteed, fixed immediate or deferred annuity for each plan member and include seamless transition to our participant benefit administration services.
Our team includes more than 60 professionals dedicated exclusively to pension risk transfer underwriting and contract services. Dedicated solely to pension risk transfer consultants, plan sponsors and participants, we serve more than 200,000 annuity customers from a variety of plan types and industries.
Pension risk transfer products are insurance products issued by American General Life Insurance Company (AGL) except in New York, where issued by The United States Life Insurance Company in the City of New York (US Life). AGL and US Life offer insurance products and services and are not pension plan consultants, advisors or plan fiduciaries as defined under applicable laws or regulations.