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Could pensions save big this year? Experts weigh in on 2023 PBGC premiums

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Manage episode 373958624 series 2342257
Content provided by Milliman, Inc.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Milliman, Inc. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

After 2022’s rollercoaster of soaring interest rates and plunging investment returns, sponsors of single-employer defined benefit plans face a key choice as they calculate the 2023 variable rate premium they’ll pay to the Pension Benefit Guaranty Corporation (PBGC). Milliman pension actuaries Casey Baldwin and Ryan Cook spoke with Nina Lantz about using the full yield curve, not being afraid of the five-year lock-in, and how switching from the alternative calculation method to the standard method can mean the difference between a $100,000 premium and a premium of $1.7 million.

You can read the episode transcript on our website.

  continue reading

61 episodes

Artwork
iconShare
 
Manage episode 373958624 series 2342257
Content provided by Milliman, Inc.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Milliman, Inc. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

After 2022’s rollercoaster of soaring interest rates and plunging investment returns, sponsors of single-employer defined benefit plans face a key choice as they calculate the 2023 variable rate premium they’ll pay to the Pension Benefit Guaranty Corporation (PBGC). Milliman pension actuaries Casey Baldwin and Ryan Cook spoke with Nina Lantz about using the full yield curve, not being afraid of the five-year lock-in, and how switching from the alternative calculation method to the standard method can mean the difference between a $100,000 premium and a premium of $1.7 million.

You can read the episode transcript on our website.

  continue reading

61 episodes

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