Pension buyouts

Monk, Ashby. “Pension buyouts”. Issue in Brief 9-21, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, October 2009. http://hdl.handle.net/2345/bc-ir:104280.
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Abstract

The brief's key findings are: (1) Defined benefit pensions are waning due to financial volatility, regulations, and a changing economy. (2) In the UK, pension buyouts - whereby sponsors pay an insurance company to take over plan assets and liabilities - have emerged to help manage the decline. (3) In the US, policymakers resist buyouts, as they would prefer to stop the decline of defined benefit plans rather than manage it.

Title
Pension buyouts: What can we learn from the UK experience?
Author
Monk, Ashby
Center
Center for Retirement Research
Genre
report
Date Issued
October 2009
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
9-21
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104280
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Financing Retirement

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