October’s PRT costs hit highest levels in over three years: Milliman
Reinsurance News - Nov 23, 2023
Global consulting and actuarial firm Milliman has reported that the October estimated retiree pension risk transfer (PRT) cost reached 101.9% of a plan’s accounting liabilities (accumulated benefit obligation, or ABO). As per its latest Milliman Pension Buyout Index (MPBI) During October, the estima...
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