DIETRICH is one of the best pension risk transfer insurance companies that offers tailored solutions to meet the unique needs of plan sponsors. We provide carefully crafted Pension Risk Transfer strategies designed to help organizations manage their pension liabilities effectively. Our team works closely with each client to create customized plans that ensure financial security for the company and its retirees while simplifying the complexities of pension risk management.
DIETRICH offers uniquely crafted Pension Risk Transfer strategies specifically designed for each of our plan sponsor clients.
Pension risk transfer helps plan sponsors with the goal of financial security for a companies’ current and future employees enrolled in the plan.
The transferring of risk from defined benefit pension plans has become a focus of pension plan providers, participants and policy makers.
This transaction can include:
Industry related names for these types of transactions include buy-ins, buyouts, plan terminations and lift-outs.
Regardless of the decision on how to move forward, the plan sponsor is doing so with the outcome of reducing or removing risks that correlate with funding and running their plan. This will in turn transfer the risk of fulfilling the pension liabilities to plan participants.
DIETRICH has pioneered the use of group annuity contracts to irrevocably transfer risk from the plan sponsor to highly rated insurance companies.
Pension risk transfer liability reduction strategies are formulated for each plan sponsor depending on specific plan structure, duration and demographics. These strategies will be presented to plan sponsors with the recommendation to transfer pension risk in full or in a prescribed systematic basis over a period of years.
Similar strategies can be employed to create and maintain a pension liability “ceiling” benchmark as well.