Pension de-risking is emerging in the United States as a critical theme among defined benefit sponsor companies of all sizes. Some credit rating agencies speculate that companies with both significant pension obligations and considerable cash might consider adopting fresh strategies to reduce their exposure to plan volatility. Separately, the federal government has made a series of announcements expressing its support for lifetime income products within the context of defined contribution plans.
Please join partners Ken Pierce and Maureen Gorman, co-leaders of Mayer Brown’s Pension-Insurance Convergence team, as they discuss emerging issues at the convergence of insurance and ERISA law in the United States. This teleconference will cover topics such as:
- An overview of legal and regulatory requirements for pension plan annuitization both within and outside of a standard plan termination
- Development of insurance and annuity structures in connection with pension de-risking
- Issues connected with lifetime income products within the context of defined contribution plans
Mayer Brown's Global Financial Markets Initiative helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing the firm's global resources from multiple practices and offices, the Initiative provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.