Pension Risk Transfer

You take care of your employees. We’ll take care of helping you.

You want to fulfill your pension plan obligations to employees in retirement. But it can be a challenge while managing unpredictable interest rates, growing costs, and other “what ifs” that add up to risk.

And we know there are plenty of other concerns that may have brought you here todaythings like: 

  • Regulatory issues
  • Pension Benefit Guaranty Corporation (PBGC) premium increases
  • Administrative and actuarial expenses
  • Asset performance

The good news is you're in the right place. We'll partner with your business to implement and manage a pension risk transfer solution.

Want to learn more? Call us at 877-492-9830 or email us for a quote

You can also talk to your advisor to find out how pension risk transfer could work for your business.

How does a pension risk transfer work?

Essentially, you exchange your current defined benefit plan for a product called a single premium group annuity. This helps to protect your business, so you can guarantee employees under your pension plan will receive their benefits.

We then provide benefit payment and administrative services according to your needs, ensuring that you fulfill your responsibility to your employees in retirement. 

Why Principal?

We won’t just give you a quote and make the sale. We’re your partner and guide through underwriting, installation, and ongoing administrative services. We understand what makes your plan situation unique. (More than 5,000 plan sponsors across a range of industries agree.1)

And because we work in the small-to-medium business space, we can make nearly all plan provisions work, from the most basic to the most complex.

Our experienced staff is solely dedicated to group annuity contracts, with an average tenure of 20 years.1 That means you’ll be working with professionals who know and understand pension risk transfers—and people who care about your business and your employees.

Call us at 877-492-9830 to learn more.

Request a quote

We’ll be happy to provide a quote for your pension risk transfer. Email us or call us at 877-492-9830 to discuss your options. 

Do you offer employee benefits through us?

Manage your benefits online.

1 As of 6/30/2016