Outsourcing Pension Longevity Protection

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Wharton Pension Research Council Working Papers
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Economics
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Balevich, Igor
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Steadily improving mortality rates are boosting pension liabilities, and plan managers are starting to evaluate ways to handle this exposure. We explore the impact of increasing longevity on pension plans and what can be done about it. Responses include plan design changes, transferring this risk to an insurance company, and development of strategies to hedge this risk without completely eliminating it.

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2009-10-01
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The published version of this Working Paper may be found in the 2010 publication: Reorienting Retirement Risk Management (http://pensionresearchcouncil.wharton.upenn.edu/publications/books/reorienting-retirement-risk-management/)
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