{"id":39110,"date":"2026-07-18T01:28:00","date_gmt":"2026-07-17T23:28:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=9fda846a1931c2b447542867cf6a6ce2"},"modified":"2026-07-18T01:28:00","modified_gmt":"2026-07-17T23:28:00","slug":"milliman-analysis-competitive-pension-risk-transfer-cost-decreased-from-99-7-to-99-6-during-june-competitive-bidding-process-saves-about-3-0-of-buyout-costs-as-of-june-30","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=39110","title":{"rendered":"Milliman analysis: Competitive pension risk transfer cost decreased from 99.7% to 99.6% during June Competitive bidding process saves about 3.0% of buyout costs as of June 30"},"content":{"rendered":"

SEATTLE--(BUSINESS WIRE)--#PRT<\/a>--Milliman, Inc.<\/a>, a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI)<\/a>. During June, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process inched down by 10 basis points, from 99.7% to 99.6% of a plan\u2019s accounting liabilities (accumulated benefit obligation, or ABO). That means the estimated retiree PRT cost is now 99.6% of a plan\u2019s ABO.<\/p><\/a><\/a>

\nDuring the same time period, the average annuity purchase cost across all insurers in our index climbed by 10 basis points, from 102.5% to 102.6%. The competitive bidding process is estimated to save plan sponsors about 3.0% of PRT costs as of June 30, 2026.<\/p>

\n\u201cCompetitive buyout costs remained below 100% for the second month in a row, extending the three-year low we saw last month,\u201d said Jake Pringle, co-author of the MPBI. \u201cIn other exciting news for plan sponsors, a new insurer announced they are entering the PRT space, the 24th<\/sup> in the group annuity market.\u201d<\/p>

\nThe MPBI compares the FTSE Above Median AA Curve to the annuity purchase composite interest rates from nine insurers to estimate the competitive and average costs of a PRT annuity de-risking strategy. Individual plan annuity buyouts can vary based on plan size, complexity, and competitive landscape.<\/p>

\nView the complete Milliman Pension Buyout Index<\/a>. To receive regular updates with Milliman\u2019s pension buyout analysis, contact us at pensionbuyout@milliman.com<\/a>.<\/p>

\nAbout Milliman<\/b><\/p>

\nMilliman leverages deep expertise, actuarial rigor, and advanced technology to develop solutions for a world at risk. We help clients in the public and private sectors navigate urgent, complex challenges\u2014from extreme weather and market volatility to financial insecurity and rising health costs\u2014so they can meet their business, financial, and social objectives. Our solutions encompass insurance, financial services, healthcare, life sciences, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. Visit us at milliman.com.<\/p> Contacts<\/b>

\nJake Pringle\nMilliman, Inc.\nTel: +1 713 202 0819\njake.pringle@milliman.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

SEATTLE–(BUSINESS WIRE)–#PRT–Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). During June, the estimated cost to transfer retiree pension risk to an insur…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-39110","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/39110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39110"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/39110\/revisions"}],"predecessor-version":[{"id":39111,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/39110\/revisions\/39111"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}